Leicestershire bakery chain Coombs Hampshires has been bought out of administration for an undisclosed sum, saving up to 150 jobs.

The business and assets have been purchased by Adam Baxter, who had been running the bakery with his father, Keith, prior to its collapse. However, six of its 26 stores are set to close in a “rationalisation” process, resulting in the loss of around 20 jobs.

The company was formed when Hampshires Bakery bought Coombs Quality Bakers out of administration in 2006 and was 32nd in British Baker’s Top 50 bakery retailers table in January 2009.

To read the full story, make sure you check out the latest issue of British Baker, out on 17 July.