300 Jobs Go At Doncaster Bakery Firm Cooplands
Over 300 jobs have been lost at Doncaster based Cooplands bakery after the firm went into administration.
Over 300 jobs have been lost at Doncaster based Cooplands bakery after the firm went into administration. 39 stores and the head office will be closed - REsolve group have confirmed they've bought 41 stores saving over 260 jobs in the area.
Adrian Berry and Daniel Butters, partners of Deloitte, have today been appointed as Joint Administrators of Cooplands.
Shortly after their appointment, the Joint Administrators sold 41 of the leasehold stores and the entire mobile sandwich van fleet through a pre-packaged sale, which secures 259 jobs.
Unfortunately the Joint Administrators are also announcing today the closure of 39 stores, together with Coopland’s bakery and head office (in Doncaster), resulting in the overall loss of 303 jobs.
Adrian Berry, Joint Administrator, said: “Cooplands has seen a recent deterioration in trading performance across its retail business, which combined with a significant fixed manufacturing cost, has resulted in unsustainable losses. Regrettably we have had to close 39 retail stores together with the bakery and head office in Doncaster. However, there is some positive news today with the sale of 41 retail stores and the entire mobile sandwich van business, which will preserve 259 jobs.”
ReSolve told us....
We are pleased to announce the purchase of the majority of Cooplands (Doncaster) stores preserving over 260 jobs across the local area.
Cooplands will continue to focus on providing great customer service and the best quality products at competitive prices. To celebrate the purchase, Cooplands will be introducing some great new offers from tomorrow.
We would like to thank our loyal customers and staff for their support during Cooplands’ 83 year history and your local bakery looks forward to serving you for many years to come.