Rescue Deal Saves Over 400 Jobs at Roberts Bakery
A pre-pack deal with Boparan Private Office has saved 433 jobs at Roberts Bakery.
The investment firm, owned by entrepreneur Ranjit Singh Boparan, created a new company, Roberts Bakery 1887 Ltd, in a deal made for an undisclosed fee.
- The new company is a reference to the year the Cheshire-based business was founded.
- The deal comes after the fourth-generation family business filed a notice of intention to appoint administrators.
No comment from the company or Boparan Private Office was provided.
Author's summary: Rescue deal saves 433 jobs at Roberts Bakery.
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