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 Ended | Jan 01, 2007 | Jan 01, 2008 | Jan 01, 2009 | Jan 01, 2010 | Jan 01, 2011 | Jan 01, 2012 | Jan 01, 2013 | Jan 01, 2014 | Jan 01, 2015 | Jan 01, 2016 | Jan 01, 2017 | Jan 01, 2018 | Jan 01, 2019 | Jan 01, 2020 | Jan 01, 2021 | Apr 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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Abel & Cole | - | ||||||||
| Growth | Completed | Abel & Cole | - |
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