Reported 16 days ago
Roberts Bakery, located in Northwich, Cheshire, has been rescued from potential bankruptcy by Ranjit Singh Boparan's investment vehicle. The company had filed a Notice of Intention to appoint administrators due to significant financial challenges, including inflation and increased competition. Boparan's intervention saves 433 jobs and rebrands the bakery as Roberts Bakery 1887, aiming to support its revitalization and community legacy.
Source: YAHOO