Bagel business finds buyer

London-based manufacturers, The Bagel Group, which filed for administration earlier this month, has been sold to a new company, Mr Bagel’s Limited, as a going concern. Under the terms of the acquisition, the business and other assets were sold to Mr Bagel’s on 28 January, according to administrator MCR Corporate Restructuring. Paul Williams, partner at MCR, said it had been able to preserve “the majority of jobs in the company”.

 

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