Angel Bakeries

Angel Bakeries
Company typePublic (TASE: ANGL)
IndustryBakery
Founded1927; 97 years ago (1927)
FounderSalomon Angel
HeadquartersIsrael
Area served
Israel, North America, Europe
Key people
Yaron Angel, CEO, Director
Yigal Hayet, Vice President, Director
Gadi Angel, Co-CEO, Production
ProductsBreads, rolls, challah, cakes, cookies, pastries, muffins
Number of employees
1,800
Websitewww.angel.co.il

Angel Bakeries (Hebrew: מאפיות אנג'ל Ma'afiyot Anjel), also known as Angel's Bakery, is the largest commercial bakery in Israel, producing 275,000 loaves of bread and 275,000 rolls daily[1] and controlling 30 percent of the country's bread market.[2] With a product line of 100 different types of bread products and 250 different types of cakes and cookies,[3] Angel sells its goods in 32 company-owned outlets nationwide[4] and distributes to 6,000 stores and hundreds of hotels and army bases.[3] It also exports to the United States, United Kingdom, France, Belgium and Denmark.[5]

Founded in 1927 in Jerusalem, Mandatory Palestine by Salomon Angel, Angel Bakeries introduced to the Israeli market the first sliced bread, plant-based emulsifiers, and new baking technologies. It has always been family-run, at first by Salomon with his brothers and sons,[6] then by Salomon's grandsons, and today by Salomon's great-grandsons.[2] The company, Salomon A. Angel Ltd., is publicly traded on the Tel Aviv Stock Exchange, with a turnover of $180 million in 2008.[7]

  1. ^ "Salomon A. Angel Ltd". Google finance.com. 2010. Retrieved 2 August 2010.
  2. ^ a b Hasson, Nir (1 December 2009). "Jerusalem's Town Baker". Haaretz. Retrieved 2 August 2010.
  3. ^ a b Elliman, Wendy (25 May 2007). "Family Creates a Baking Dynasty in Israel". jweekly.com. Retrieved 2 August 2010.
  4. ^ "Company Profile (Hebrew)". Angel Bakeries website. 2008. Archived from the original on 20 August 2010. Retrieved 2 August 2010.
  5. ^ "Angel Bakeries". Angel Bakeries. 2008. Archived from the original on 18 October 2009. Retrieved 2 August 2010.
  6. ^ Angel, Solly (5 February 2004). The Tale of the Scale: An odyssey of innovation. Oxford University Press. p. 25. ISBN 978-0-19-515868-7. Retrieved 3 August 2010. tale of scale angel bakery.
  7. ^ "Angel Bakeries Presentation Topics" (PDF). Angel Bakeries. Archived from the original (PDF) on 21 July 2011. Retrieved 2 August 2010.