Abel & Cole

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Abel & Cole - overview

Established

1988

Location

Wimbledon, -, Switzerland

Primary Industry

Logistics & Distribution

About

Abel & Cole is a UK-based company specializing in the delivery of organic food products, offering a wide range of customizable fruit and vegetable boxes along with various organic groceries, ensuring sustainability and local sourcing. Founded in 1988 in Wimbledon, Switzerland, Abel & Cole focuses on providing organic food delivery services. The company has maintained its core business model without significant pivots and operates independently without any known parent or subsidiary relationships. The founder's history is not detailed, but the company has undertaken 2 deals, with the most recent occurring on June 1, 2010, when Phoenix Equity Partners realized its investment in the company.


Abel & Cole specializes in delivering organic food products, including fruits, vegetables, meat, and essential grocery items. Their offerings feature customizable weekly fruit and vegetable boxes, allowing customers to tailor their orders based on preferences and seasonal availability. The company also provides organic meat, fish, dairy products, and pantry staples, all sourced with a commitment to sustainability, primarily serving health-conscious residential customers in the UK with a focus on local sourcing to minimize carbon footprints. In the most recent year, Abel & Cole reported revenue of USD 62.


70 mn, generated primarily through a subscription-based model with minimum order requirements and delivery fees. Customers enjoy flexibility with the ability to alter, skip, or cancel orders. The company's transaction model includes direct sales to consumers, with weekly subscriptions for fruit and vegetable boxes significantly contributing to their revenue stream. They also offer promotional pricing to enhance customer retention and acquisition.


Abel & Cole is focused on future growth by designing new organic product offerings, although specific release dates are not mentioned. Plans for expanding market reach have not been detailed, and the company will utilize the insights gained from its most recent funding round in June 2010 to support strategic initiatives. The overall strategy appears to center around strengthening their existing delivery service while potentially exploring new product lines.


Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution

Website

www.abelandcole.co.uk

Total Amount Raised

Subscriber access only

Abel & Cole - financials

Fiscal Year EndedJan 01, 2007Jan 01, 2008Jan 01, 2009Jan 01, 2010Jan 01, 2011Jan 01, 2012Jan 01, 2013Jan 01, 2014Jan 01, 2015Jan 01, 2016Jan 01, 2017Jan 01, 2018Jan 01, 2019Jan 01, 2020Jan 01, 2021Apr 03, 2022
Revenue (USD)34,000,000---------------
% Revenue Growth (YoY)----------------
EBITDA (USD)----------------
Operating Income (USD)----------------
Operating Margin----------------
% EBITDA Margin----------------
NET Income (USD)----------------
% Net Margin----------------

Abel & Cole - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified ExitCompletedAbel & Cole-
GrowthCompletedAbel & Cole-

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