Roberts Bakery Jobs Saved Through Rescue Deal
Over 400 jobs at Roberts Bakery have been saved thanks to a rescue deal with Boparan Private Office.
A pre-pack deal for an undisclosed fee has been made, with private investment firm Boparan Private Office, owned by entrepreneur Ranjit Singh Boparan, creating a new company, Roberts Bakery 1887 Ltd.
The deal safeguards 433 jobs across two sites and comes after the fourth-generation family business, Frank Roberts & Son Ltd, filed a notice of intention to appoint administrators just over a week ago.
The company produces bread under the Roberts Bakery brand, as well as speciality bread and sweet treats for supermarkets, coffee shops, and more.
No comment from the company or Boparan Private Office is available at this time.
Author's summary: Rescue deal saves over 400 jobs at Roberts Bakery.
- Number of jobs saved: 433
- New company: Roberts Bakery 1887 Ltd
- Investment firm: Boparan Private Office
More News
- Darren Bent says one player had a really bad attitude at Arsenal, then Mikel Arteta got rid of him
- FCA’s targeted support proposals are limited but still worthwhile
- Insider Reveals Injury Update About Brock Purdy
- Soulcalibur 2 Had the Ultimate, and Dumbest, Fighting Game Problem 23 Years Ago
- VIDEO: Moment grain bin collapses in Martinton, Illinois
- Steve Grinstead: The Case for Produce Consolidation
- CBS Staffers 'Won't Be Punished' for Not Responding to Bari Weiss