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Boparan investment vehicle rescues Roberts Bakery from brink
Yahoo Finance· 2025-10-15 11:45
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]