Core Insights - Roberts Bakery has been rescued from potential closure by Ranjit Singh Boparan's Boparan Private Office, saving 433 jobs in the process [1][2] Company Overview - Roberts Bakery, based in Northwich, Cheshire, had filed a Notice of Intention to appoint administrators due to financial difficulties [1] - The company will be renamed Roberts Bakery 1887 to honor its heritage [2] - The business has a group turnover of £96 million ($128.1 million) and offers a range of products including bread, buns, rolls, crumpets, and biscuits [4] Challenges Faced - The bakery cited "exceptionally difficult" challenges such as inflation pressures, rising energy and ingredient costs, and competition as reasons for its financial struggles [3] - A fire at the Northwich bakery two years ago also impacted operations [4] Future Plans - The partnership aims to support the existing management team and introduce new talent to ensure a sustainable future for the brand [3] - The family owners expressed relief that the business has been saved and that a recovery plan is in place [5]

Core Points - Grupo Bimbo, the world's largest bakery company, is hosting the tenth annual Bimbo Global Race, which will take place in-person on September 28 and virtually from September 22 to 28 [1][2] - The event aims to gather over 150,000 participants across 30 cities in 23 countries, with a goal to donate three million slices of bread to food banks worldwide [2][7] - The race promotes the company's commitment to community support and aligns with its purpose of "Nourishing a Better World" [2][3] Event Details - Participants can register for either a 5K or 10K race, with the event open to all ages, promoting family togetherness and a healthy lifestyle [4] - The in-person race will occur in various cities including Toronto, Los Angeles, and Mexico City, among others [3][4] - For each in-person registration, Grupo Bimbo will donate 20 slices of bread, while two slices will be donated for each virtual registration [2][7] Company Overview - Grupo Bimbo operates 221 plants and has over 1,500 points of sale in 35 countries, making it a major player in the bakery and snacks industry [6] - The company has a vast distribution network with more than 57,000 routes and 149,000 associates [6] - Grupo Bimbo is listed on the Mexican Stock Exchange under the ticker symbol BIMBO and in the U.S. OTC market as BMBOY [8]