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, made for an undisclosed fee, sees the creation of a new company, Roberts Bakery 1887 Ltd, a reference to the year the Cheshire-based business was founded.
The deal comes after Frank Roberts & Son Ltd, a fourth-generation family business, filed a notice of intention to appoint administrators just over a week ago.
The private investment firm owned by entrepreneur Ranjit Singh Boparan has helped safeguard jobs across two sites.
- 433 jobs saved across two sites
- New company, Roberts Bakery 1887 Ltd, created
- Investment made for an undisclosed fee
Author's summary: Rescue deal saves 433 jobs at Roberts Bakery.
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