Salomon A. Angel Ltd. Overview
Pro stress-test →Angel Bakeries is the largest commercial bakery in Israel, producing 275,000 loaves of bread and 275,000 rolls daily and controlling 30% of the country's bread market. Founded in 1927 in Jerusalem, Salomon Angel established the bakery and introduced to the Israeli market the first sliced bread, plant-based emulsifiers, and new baking technologies.
Strategic Profile
Pro stress-test →The company operates with a product line of 100 different types of bread products and 250 different types of cakes and cookies, selling through 32 company-owned outlets nationwide and distributing to 6,000 stores and hundreds of hotels and army bases. The company has always been family-run and remains a family business despite being publicly traded since 1984. However, the company's business has been declining due to the decline in the controlled price of bread, with losses totaling nearly NIS 30 million over 2016-2020 and revenue declining more than 15% from nearly NIS 500 million in 2016 to NIS 415 million in 2020.
Competitive Landscape
Pro stress-test →Angel controls 30% of Israel's bread market as the largest commercial bakery. The company faces competition from regional bakeries and private-label producers in a highly regulated Israeli bread market with government price controls. Primary competition comes from other established Israeli bakery chains competing for retail shelf space and institutional supply contracts.
Industry Context
Salomon A. Angel Ltd. operates in Packaged bread and baked goods manufacturing.
Key facts
Founded: 1927 · Headquarters: Jerusalem, Israel · Employees: 962 (as of May 2026) · Revenue: ₪598.4M (FY 2025) · Market cap: ₪106.38M (~$29M USD)