Four Anjels announces Olidor Group investment to help with expansion
Four Anjels has received significant investment from Olidor Group to support the company’s continued expansion.
The award-winning producer of handmade bakery products based in Cheltenham is delighted was established in 2010. It manufactures handmade bakery products made with store cupboard ingredients. The company hand crafts a range of bespoke cakes, traybakes and biscuits for food service and retail, featuring gluten free and vegan treats made at its BRCGS AA grade factory.
“We are thrilled to have the support of the Olidor Group to facilitate the delivery of our growth plans. Their expertise within the food industry and synergies with other companies within the Group will be an enormous benefit for Four Anjels,” Andrea Stevens, managing director of Four Anjels, said. “Olidor’s commitment to invest in the business will enable us to recruit more team members and add further capabilities to our product range”.
Commenting on the investment, Andrew Ashby, CEO of Olidor Group said the company has long admired the products and ambition of the team at Four Anjels.
“Their dedication to crafting exceptional products and continuous innovation is something that aligns deeply with our values,” Ashy added. “By joining forces, we can leverage our collective strengths to drive continued innovation, ultimately benefitting our customers and strengthening our position in the market.”
Olidor Group has a portfolio of food businesses focused on providing supplying innovative and high-quality products. The acquisition of a majority stake in Four Anjels aligns with Olidor Group’s long-term strategy of enhancing its market presence and investing in food companies that share a commitment to innovation and quality. This partnership will open new opportunities for product development, increased production capabilities, and a broader market reach, particularly with the growing demand for natural and functional products.
Both Olidor Group and Four Anjels share a common vision of using quality ingredients sourced sustainably. The acquisition will help bolster Four Anjels’ ambition to set the benchmark for premium handmade bakery while continuing to focus on opportunities to improve sustainability through ingredient sourcing, environmentally friendly packaging and energy-efficient production processes.
Four Anjels will continue to operate as a standalone business, ensuring continuity for existing customers, while also gaining access to Olidor Group’s extensive resources and capabilities. The partnership will create additional value through shared innovation to create new product lines, enhanced distribution channels, and greater production capacity, ultimately resulting in more exciting and diverse offerings for customers.
