Roberts Bakery Saved, Over 400 Jobs Secured
Roberts Bakery's parent company, Frank Roberts & Sons Limited, has been saved by Boparan Private Office, a private investment enterprise owned by entrepreneur Ranjit Singh Boparan.
The investment has resulted in the creation of a new company, Roberts Bakery 1887 Ltd, securing 433 jobs at the historic bakery business.
- Roberts Bakery 1887 Ltd will be part of the Boparan Private Office portfolio of companies.
- The company will benefit from the backing and expertise of a strong and diverse enterprise with established interests in the bakery sector.
This news follows Roberts Bakery's announcement to enter administration earlier this month, after planning to close its site in Ilkeston and restructuring announcements that put hundreds of jobs at risk.
No comment on the matter was provided by the company.
Author's summary: Roberts Bakery secured with new investment.