Workers at Prisme Packaging in Dundee declared victory as they ended their 51-day occupation on Friday of last week.
A new company Discovery Packaging and Design Ltd is to be launched on May Day. This will run the factory and save the jobs.
It will be owned and run by the workers.
The workers issued a statement saying:
“This victory would not have been possible if it had not been for the support we have had from the general public, trade unionists, socialists and many others.
“This support and solidarity has been overwhelming and has helped give us the energy and determination to carry on for more than seven weeks.
“We said at the beginning of this that we were little people who had refused to be little any more.
“We are proud of what we have achieved and our dignity is intact. We showed we would not be walked over by an uncaring employer.”
The workers won fantastic solidarity throughout their occupation. The Scottish TUC passed a motion last week backing them. Jubilant friends, family and supporters greeted the workers as they left.