Headquartered in Nottingham, Addo produces more than 287 million packs of chilled savoury pastry products every year. The business manufactures a range of own brand and branded products including sausage rolls, hot pies, slices, pork pies, scotch egg products and quiches, which it supplies to the UK's leading names in food retail including all the major supermarkets.
Alongside its market-leading ranges of premium pastry products such as Tottle pork pies, Walls savoury pastry and Pork Farms pork pies, the business launched its 'Too Good to Be' range of gluten-free sweet and savoury pastry products last year - the first of its kind.
In April 2017 LDC backed the secondary buyout of Addo Food Group to support continued growth.
LDC has invested to support Addo's growth strategy, which will include further investment in product innovation, expansion into new markets through organic growth and potential acquisitions in adjacent markets.
Addo will continue to be led by its existing management team, headed up by Group Managing Director, Chris Peters. Paul Monk will also join Addo as non-executive chairman. He is currently non-executive chairman at Seabrook Crisps and has previous experience with Mars, Golden Wonder, Finsbury Foods, Quorn and Burton Biscuits.
In early 2018 Addo announced a boost in sales to more than £270m and stated that the business is on track to record further growth in the next twelve months.This strong performance has led to a ranking of 16th on the Nottingham Post’s Top 200 Nottinghamshire Companies, up five places from 2016, as well as the business’ highest-ever listing on the Sunday Times Grant Thornton Top Track 250 at 92nd place.
Addo also announced that in 2017 it had teamed up with food distribution charity FareShare and has since donated more than 78 tonnes of surplus food to local charities that provide free meals for vulnerable people in the community.