Historic Yorkshire bakery chain Cooplands rescued in pre-pack deal
Following their appointment as Administrators on 2nd November 2016, Opus partners Steve Parker and Trevor Binyon completed the rescue of Yorkshire bakery chain, Cooplands through a pre-pack sale. All 29 retail units remain open and trading under the new owners, Cooplands Retail Limited, and all 150 staff have been retained.
Steve Parker commented:
“It would have been a tragedy if such a well-known local business as Cooplands had failed after being a fixture in its region ever since it was originally established in 1885. We are pleased to see it survive and continue to serve its loyal customer base.”
The rescue has been covered extensively in the regional and trade media: