Type Private Founded 1966 Number of employees 580 | Industry Bakery Headquarters Durham, United Kingdom | |
Key people Peter Knowles (Chairman) | ||
Peters was a British bakery chain. Peters became defunct in 2012 and all bakeries were sold to family run business Cooplands.
History
It was founded by Peter Knowles in 1966 with its first branch at Belmont in Durham; it had 71 branches across North East England.
It's principal competitors are the Newcastle based Greggs who maintain branches in the same area.
In 2003 its production plant at Durham was destroyed in a large fire forcing production to move to temporary accommodation in Peterlee until September 2005 when a new £9 million facility was opened on the same site.
In 2012 22 Peters Bakery stores across the North East region, were sold to the family business Coopland and Son of Scarborough, this resulted in the closure of 34 stores.
The Peters’ factory at the Dragonville Industrial Estate, in Durham, also transfer ownership to Cooplands the peters' retail van business was being transferred over to Cooplands as well.
When Peters' made the sale their financial statements showed it had a turnover of more than £12m on the back of a network of 58 Peters’ Bakers stores across the North East region.