Olympic Foods

What Olympic Foods does

Olympic Foods is a Greek B2B manufacturer and distributor of professional raw materials and ingredients serving the confectionery, bakery, ice cream, and HORECA (hotel/restaurant/catering) industries. Founded in 1989 in Athens and headquartered in Metamorphosis, Attica, the company operates from 5,000 sq.m. of proprietary manufacturing facilities under ISO 9001, ISO 22000, and HALAL certifications. It transitioned in 1998 from a pure trading company (representing foreign ingredient houses in Greece) into an integrated producer with its own production unit, and has since exported to Europe and third countries.

The company offers a comprehensive product portfolio organized across five core categories: Confectionery ingredients (glazes, fruit preparations, chocolates, chocolate compounds, creams, fat-based coatings, desserts, snack and brunch mixes), Bakery (mixes, improvers, frozen products including baguettes, croissants, pretzels, bagels, brioche, donuts), Ice Cream (dairy and fruit bases, flavor pastes, decorations, vegan and no-added-sugar lines), Fats (butter, margarines, oils, shortening), and Foodservice/HORECA (viennoiserie, bread, patisserie, catering, healthy options). It also distributes third-party premium brands including Bridor, Dirafrost (as Preferred Supplier in Greece since March 2026), and Ulker, and operates an in-house R&D center that develops tailor-made formulations for individual clients.

Olympic Foods generates revenue via one-time B2B ingredient sales through an exclusive pan-Hellenic network of 35+ certified distributors and representatives covering all Greek regions, supplemented by a B2B online ordering portal (orders.ofb2b.gr). Pricing is not publicly disclosed. The company serves four primary customer segments — Confectionery Professionals, Bakery Professionals, Ice Cream Professionals, and HORECA Professionals — each treated as a distinct business unit. Switz Group has held a strategic participation since 2018, supporting portfolio enrichment and new product development. Headcount is reported at 51-100 employees and ownership is private.

Name

Olympic Foods

Legal name

Olympic Foods

Website

https://olympic-foods.gr

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Olympic Foods is a Greek B2B manufacturer and distributor of professional raw materials and ingredients for the confectionery, bakery, ice cream, and HORECA industries, serving customers across Greece and export markets through a nationwide network of certified distributors.

Ownership category

akta.pro rank

Product category

Food Ingredients Manufacturing

NAICS

Food Manufacturing (311), Ice Cream and Frozen Dessert Manufacturing (311520), Frozen Specialty Food Manufacturing (311412), Sugar and Confectionery Product Manufacturing (3113), Flavoring Syrup and Concentrate Manufacturing (311930), Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Confectionery Manufacturing from Purchased Chocolate (311352)

SIC

Sugar & Confectionery Products (2060), Dairy Products (2020), Bakery Products (2050), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Ice Cream & Refrigerated Desserts (CRADACAE)

akta.pro secondary industries

Pastry, Cakes & Tortes Manufacturing (AFAKAAAB), Ice Cream, Frozen Desserts & Novelties Manufacturing (AFAKAKAE)

Keywords

• Confectionery ingredients
• Bakery ingredients
• Ice cream ingredients
• HORECA supplies
• Food ingredient distribution

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. B2B Ingredients Sales: Sale of professional food ingredients and raw materials to bakeries, confectioneries, ice cream makers, and foodservice businesses across Greece and export markets

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Olympic Foods manufactures and distributes raw materials and professional ingredients for the confectionery, bakery, ice cream, and HORECA industries from its 5,000 sq.m. facilities in Metamorphosis, Athens. The company supplies a comprehensive portfolio spanning glazes, fruits, chocolates, creams, fat-based coatings, dessert mixes, bakery mixes, frozen bakery products, ice cream bases and flavor pastes, and foodservice solutions through a nationwide network of certified distributors, supplemented by custom product development via its in-house R&D center.

Product overview

Olympic Foods is a Greek B2B supplier of professional ingredients for the bakery, confectionery, ice cream, and HORECA industries. Founded in 1989 and headquartered in Metamorfosi, Athens, the company operates from 5,000 sq.m. facilities and offers a comprehensive portfolio organized into five main categories: (1) Confectionery (glazes, fruits, chocolates, chocolate compounds, creams, fat-based coatings & fillings, desserts, snack mixes), (2) Bakery (mixes, frozen products including croissants, baguettes, pretzels, bagels, muffins, donuts), (3) Ice Cream (bases, flavor pastes, decorations, vegan products, instant mixes), (4) Fats (butter, margarines, oils, shortening), and (5) Foodservice/HORECA (viennoiserie, bread, patisserie, catering, healthy options). The company also offers custom product development through its R&D center and distributes products through a nationwide network of certified representatives across Greece. Major brands distributed include Bridor, Dirafrost, and Ulker.

Differentiator

Problem solved

Functional benefit

Products and services

• Glazes (Γκλασάζ)

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• DirafrostcoreStrategic or Co-development Partner · 20 March 2026Olympic Foods serves as the 'Preferred Supplier' of Dirafrost in Greece. Dirafrost is a major frozen fruit and ingredients supplier for the professional market, and Olympic Foods distributes their products in the Greek market.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Puratos: Belgian-headquartered global B2B supplier of bakery, patisserie, chocolate, and ice cream ingredients. Most directly comparable to Olympic Foods in product mix (glazes, fruit preparations, ice cream bases, flavor pastes) and B2B customer focus, though at much larger scale and global reach.
• Lesaffre: French global leader in yeast and bakery ingredients (mixes, improvers, sourdoughs, frozen bakery solutions). Closely comparable to Olympic Foods' bakery mixes and frozen viennoiserie portfolio, with overlapping professional-bakery customer base.
• Palsgaard: Danish specialty ingredient supplier focused on emulsifiers and stabilizers for ice cream, bakery, and confectionery applications. Comparable to Olympic Foods' ice cream base and decoration lines as a B2B supplier of specialty functional ingredients to professional ice cream and bakery producers.

Broad incumbents

• Barry Callebaut: World's leading chocolate and cocoa manufacturer serving industrial B2B customers. Overlaps with Olympic Foods' chocolate compounds, coatings, and confectionery decoration lines, but operates at vastly larger scale across the full cocoa-to-chocolate value chain.
• Cargill: Global food and agricultural ingredients conglomerate offering oils, fats, sweeteners, cocoa, and specialty ingredients. Comparable in its broad food-ingredient B2B portfolio serving confectionery, bakery, and foodservice customers, though at commodity scale.
• Kerry Group: Irish-headquartered global taste and nutrition company supplying flavors, functional ingredients, and premixes to food, beverage, and ice cream manufacturers. Overlaps with Olympic Foods' ice cream flavor pastes, bakery mixes, and custom formulation capabilities.
• Givaudan: Swiss global leader in flavors and fragrances, including savory and sweet flavors for ice cream, confectionery, and bakery. Comparable to Olympic Foods' ice cream flavor pastes and bakery ingredient offerings, though serving large multinational customers.
• Symrise: German global supplier of flavors, nutritional ingredients, and food solutions. Overlaps with Olympic Foods' ice cream flavor pastes, fruit preparations, and custom formulation work serving dairy, confectionery, and bakery customers.
• ADM: Global food and nutrition ingredient supplier offering oils, sweeteners, flavors, and specialty proteins to bakery, confectionery, and foodservice customers. Comparable breadth of B2B ingredient supply, though operating at commodity-industrial scale.

Regional players

• Chipita: Greek multinational producer of frozen bakery products (croissants, puff pastry, snack cakes). Regional peer sharing the same Greek home market, with overlapping frozen viennoiserie and bakery mix capabilities, though operating at multinational scale with global brand presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OlympicFoodsLTD
• LinkedInlinkedin.com/company/olympic-foods

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olympic Foods