A pre-pack deal with Boparan Private Office has saved 433 jobs at Roberts Bakery across two sites.
The investment, made for an undisclosed fee, sees the creation of 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.
Author's summary: Rescue deal saves 433 jobs at Roberts Bakery.