Olidor Group snaps up UK baked treats firm Four Anjels

GlobalData

Thu, Apr 17, 2025, 6:41 AM 2 min read

Food concern institution Olidor Group has acquired a bulk involvement successful baked treats supplier Four Anjels.

Financial presumption of the transaction person not been disclosed.

In a statement, Olidor said the woody volition alteration it to “expand its merchandise offering”,

“open caller opportunities” for merchandise development, present “increased accumulation capabilities” and a “broader marketplace reach”.

Founded successful 2010, Four Anjels specialises successful bespoke cakes, traybakes, and biscuits, including gluten-free and vegan options.

The Cheltenham-based institution operates a mill successful Furlong Park, Bishops Cleeve and caters to nutrient work and retail sectors.

Four Angels supplies backstage statement products to food, drink, and gifting brands including Pret, Itsu, and Daylesford.

Andrew Ashby, CEO of Olidor Group, described the acquisition arsenic an “exciting milestone for some companies”, adding: “By joining forces, we tin leverage our corporate strengths to thrust continued innovation, yet benefitting our customers and strengthening our presumption successful the market.”

Four Anjels volition support its operations arsenic a standalone business, portion benefiting from Olidor’s “extensive resources and capabilities”.

Andrea Stevens, managing manager of Four Anjels, said Olidor’s “dedication to prime and innovation is thing that aligns profoundly with our values, and we look guardant to moving unneurotic and leveraging the capabilities wrong the radical to present adjacent much exciting, sustainable, and innovative products for our customers”.

Olidor’s portfolio includes a scope of speciality nutrient businesses specified arsenic Brusco Food Group, The Original Baker and The Artful Baker.

For the afloat twelvemonth 2023, Olidor reported a 79% summation successful turnover, reaching £23.7m ($31.38m).

The radical posted a gross nett of £5.3m, marking a 171.6% summation compared to 2022.

Operating nett climbed 26.6% to £876,541.

"Olidor Group snaps up UK baked treats steadfast Four Anjels " was primitively created and published by Just Food, a GlobalData owned brand.