Rescue Deal Saves Over 400 Jobs at Roberts Bakery
An investment from Boparan Private Office (BPO) has helped bakery manufacturer Frank Roberts & Son Ltd safeguard 433 jobs across two sites.
The pre-pack deal, made for an undisclosed fee, sees the private investment firm owned by entrepreneur Ranjit Singh Boparan create a new company, Roberts Bakery 1887 Ltd – a reference to the year the Cheshire-based business was founded.
The deal comes just over a week after the fourth-generation family business filed a notice of intention to appoint administrators.
No comment from the company.
Author summary: Rescue deal saves 433 jobs.
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