ELBISCO

What ELBISCO does

ELBISCO S.A. is a privately held Greek food production company founded in 1987 and headquartered in Athens, with manufacturing operations in Pikermi (Attica) and Chalkida. The company operates a five-brand portfolio spanning rusks and crackers (Elite, Forma), sliced bread and sandwich products (Kris Kris), biscuits, cookies and flour (Allatini), and traditional village-style breads and rusks (Vosinaki). Products are manufactured in Greece with 99% of turnover produced domestically and exported to more than 20 international markets.

ELBISCO generates revenue through branded consumer packaged food sales distributed primarily through major Greek supermarket chains (AB, e-fresh.gr, Masoutis, My Market, Sklavenitis) and wholesale export channels. The company employs approximately 780 people and has invested significantly in production capacity, including a new rusk line in Chalkida (€20 million, +40% capacity) and a new bread line at Pikermi (€5 million), alongside a €30 million three-year investment programme. Disclosed turnover reached €100 million in 2013, with EBITDA up 50% and gross receipts up 15% since 2008 despite the Greek recession. Operational technology includes the award-winning i.Anywhere mobile sales force automation application developed with DIS, and a 2023-completed photovoltaic installation at Chalkida enabling 100% green energy.

The company is family-controlled (Filippou family) with Elena Filippou Coumantaros as Chairman and Nikolaos Voudouris as Managing Director since November 2018. ELBISCO pursues brand-led, health-focused innovation (gluten-free, whole grain, functional cereal products developed with Harokopio University), sustainability positioning, and multi-brand portfolio management as core strategy.

Name

ELBISCO

Legal name

ELBISCO S.A.

Website

https://elbisco.gr

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

ELBISCO is a privately held Greek food producer founded in 1987, operating five consumer brands (Elite, Kris Kris, Allatini, Vosinaki, Forma) across rusks, bread, biscuits, and flour. The company manufactures at two Greek facilities, employs approximately 780 people, and exports to over 20 countries.

Ownership category

akta.pro rank

Product category

Packaged Bakery & Confectionery Manufacturing

NAICS

Bread and Bakery Product Manufacturing (31181), Cookie, Cracker, and Pasta Manufacturing (31182), Food Manufacturing (311)

SIC

Bakery Products (2050)

akta.pro primary industry

Crackers, Biscuits & Grain Snacks Manufacturing (savory biscuits, crispbreads) (AFAKABAH)

akta.pro secondary industries

Bread & Rolls Manufacturing (AFAKAAAA), Cookies, Biscuits & Crackers (CRADABAD)

Keywords

• Bakery products
• Biscuit manufacturing
• Bread production
• Rusk manufacturing
• Consumer packaged goods

Headquarters

HQ city

Pikérmi

HQ country

Greece

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Consumer Packaged Food Products: ELBISCO generates revenue through the manufacture and sale of branded food products including biscuits, cakes, savory crackers, bread, rusks, and flours under multiple consumer brands

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Core offering

ELBISCO is a Greek food manufacturing company that produces and sells biscuits, bread, rusks, crackers, cakes, and flours under five consumer brands (Elite, Kris Kris, Allatini, Vosinaki, and Forma). The company operates two manufacturing facilities in Pikermi and Chalkida, Greece, and distributes products through Greek supermarket chains while exporting to more than 20 countries.

Product overview

ELBISCO is a Greek food manufacturing company established in 1987, operating as a multi-brand portfolio company in the bakery and snacks sector. The company manages five distinct consumer brands: Elite (rusks, crackers, Melba toasts), Kris Kris (sliced bread, sandwich products), Allatini (cookies, biscuits, flour), Vosinaki (traditional bread products), and Forma (wheat rusks). ELBISCO produces its products in two manufacturing facilities located in Pikermi, Attica and Glyfa, Chalkida, and exports to more than 20 international destinations. The company positions itself on health-conscious innovation, Mediterranean flavors, and traditional Greek recipes across its brand portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Elite: Leading toast/rusk brand in Greece with 40-year presence in the Greek market. Products include crackers, rusks, breadsticks, cookies.
• Kris Kris
• Allatini
• Vosinaki
• Forma

Products and services

• Elite Brand Products Leading Greek rusk brand offering wheat rusks, crackers, breadsticks, cookies, and Melba toasts. Products include Elite Crackers with Emmer Wheat and Quinoa, Elite VITA rusks, Elite Kritsi-Snack, Elite Croutons, and Elite VITA Rice and Corn Wafers. Targeted at Greek consumer households for breakfast and snacking occasions.
• Kris Kris Brand Products Bread and sliced bread brand known for innovation. Products include Kris Kris Selection The Sando (Japanese-style sandwich bread), Kris Kris Fetes Zois (healthy bread variants), Kris Kris Tostimo (toast bread with seeds), Kris Kris Milkid (mini brioches for children), and Kris Kris Sandwich Rolls. Kris Kris has achieved first place in the Greek bread snacks category. Targeted at Greek families and households.
• Allatini Brand Products Brand offering cookies, biscuits, and flour products. Includes Soft Kings cookies (Chocolate Chunks, Dark Chocolate Chunks, Triple Chocolate, Zero, Oat varieties), Goodness in Me cereal biscuits, Allatini Cake Flour, Petit Beurre, and Classic Dipped biscuits. Targeted at Greek consumers for snacking and home cooking use cases.
• Vosinaki Brand Products Traditional Greek bread brand offering Pre-fermented Rural Bread, Rural Rusks with various flavors including Sesame. Products emphasize traditional recipes with authentic rural taste and top-quality ingredients. Targeted at Greek consumers seeking traditional village-style baked goods.
• Forma Brand Products Wheat rusk brand offering Forma Wheat Rusks. Products available through Greek supermarket chains. Targeted at Greek consumer households as a breakfast/snacking staple.

Quantifiable outcome

• 40% production capacity increase through new rusk line
• +4 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

14 partnerships are on record, tiered minor and core.

• Stelios Philanthropic FoundationminorGTM or Marketing Partner · 1 January 2017Co-branded 70g pack of Allatini cookies developed for the 'Food from the Heart' charity action. Over 200,000 packs delivered to vulnerable groups with target of 500,000 items by January 2018.
• Panteion UniversityminorStrategic or Co-development Partner · 28 September 2016ELBISCO established a scholarship programme for Ph.D. candidates at Panteion University's Department of Communication, Media and Culture. The 'Dimitra Filippou Greek Culture Scholarship' offers monthly stipends for doctoral research on Greek society in the modern era. The programme runs up to three years per recipient.
• Harokopio UniversityminorStrategic or Co-development Partner · 1 January 2016Cooperation with Harokopio University's Department of Nutrition and Dietetics for the 'Functional Cereal Products and their Contribution to Promote Consumer Health' project. The project designed bread and oat products enriched with natural bioactive components and included clinical studies on Type 2 Diabetes patients.
• National and Kapodistrian University of Athens - Faculty of MedicineminorStrategic or Co-development Partner · 1 January 2016Partnership with University of Athens Medical School for clinical studies on functional cereal products and their effects on consumer health, particularly metabolic parameters related to Type 2 Diabetes.
• DIScoreTechnology or Integration · 1 January 2016Development partnership for the award-winning i.Anywhere mobile sales force automation application. DIS collaborated with ELBISCO to create the app launched in March 2016 for automated sales operations including inventory, orders, and merchandising.
• Municipality of AthensminorGTM or Marketing Partner · 1 January 2016Cooperation for humanitarian aid distribution to refugees. ELBISCO delivered 109,606 packages of products (106,806 Elite Crackers Mediterranean, 1,440 KINGS, 1,360 Elite and Forma Rye Rusks) to refugee facilities in Elaionas, Schisto and Lesvos.
• Action AidminorGTM or Marketing Partner · 1 January 2016NGO partnership for refugee humanitarian aid distribution in cooperation with Municipality of Athens. Distributed food products to refugees and migrants.
• Municipality of ThessalonikiminorGTM or Marketing Partner · 1 January 2016Partnership for distribution of over 40,000 packages of ELBISCO products to refugee accommodation centres in Cherso, Idomeni, Nea Kavala, Giannitsa, Diavata and Thessaloniki.
• NGO ARSISminorGTM or Marketing Partner · 1 January 2016Partnership with ARSIS for refugee aid distribution. Over 40,000 packages of products including Petit Beurre, Classic Dipped biscuits, Allatini Cookies and Crackers, Elite Crackers and Digestive biscuits, and Forma Wheat Rusks.
• Hellenic Center of Art and CultureminorGTM or Marketing Partner · 1 January 2016Sponsorship of the 'Pikermi, the Land of Crystals' photo album published by the Hellenic Center of Art and Culture, supporting local communities.
• Hellenic Red CrossminorGTM or Marketing Partner · 1 January 2016Donation of 1,300+ product packages through the 'Oloi Mazi Boroume' campaign, equally distributed to Hellenic Red Cross and NGO Apostoli.
• NGO ApostoliminorGTM or Marketing Partner · 1 January 2016Donation of 1,300+ product packages through the 'Oloi Mazi Boroume' campaign to support socially vulnerable families.
• Hellenic Volunteer ReliefminorGTM or Marketing Partner · 1 January 2016Allatini Cake Flour donated 600 kilos to Hellenic Volunteer Relief for needs of socially vulnerable families, as part of CSR initiatives.
• KivotosminorGTM or Marketing Partner · 1 January 2015Educational programme partnership for Kris Kris 'Tostimo!' school activities. Kivotos team of instructors, teachers and actors performed interactive educational events for children aged 4-15, reaching 150,000+ children.

Scale indicators18 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Barilla Group: Italian multinational bakery and pasta company with brands like Mulino Bianco and Pan di Stelle. Comparable as a European packaged bakery incumbent with strong brand portfolio across bread, biscuits and rusks.
• Grupo Bimbo: World's largest bakery company with brands across sliced bread, buns, cookies, crackers and rusks. A broad incumbent analogue of ELBISCO's bread-and-snack category portfolio at much larger global scale.
• Kellanova: Global snacks and cereal manufacturer (Pringles, Pop-Tarts, Nutri-Grain) overlapping with ELBISCO's snacks, biscuits and health-oriented innovation themes. Comparable as an established Western packaged-snacks incumbent.
• Associated British Foods (ABF): UK-listed conglomerate operating Kingsmill, Patak's and Twinings; ABF's grocery division produces breads, biscuits and bakery mixes directly comparable to ELBISCO's sliced bread and flour offerings.
• Mondelez International: Global snacks and biscuits giant (Oreo, BelVita, Ritz) operating across the same categories as ELBISCO's Elite and Allatini brands. A broad incumbent competing on biscuits/rusks but with a much wider portfolio and global reach.
• Nestlé: Global packaged food incumbent with biscuit and breakfast-cereal lines competing for the same Greek retail shelves. Comparable as a broad food manufacturer with overlapping biscuits, breakfast and bakery categories.

Direct peers

• Bahlsen: German biscuit and confectionery manufacturer with brands like Leibniz and Pick Up. Directly comparable as a European branded biscuits/crackers manufacturer competing in the same shelf-space and consumer occasions as ELBISCO's Allatini and Elite brands.
• Lotus Bakeries: Belgian biscuits and healthy snacking company behind the Lotus Biscoff brand. Closely comparable to ELBISCO in product category (caramelised biscuits, crackers) and premium-branded single-category focus.
• Pladis Global: Owner of McVitie's, Godiva and Jacob's, producing biscuits, crackers and bread-snack categories overlapping with ELBISCO's portfolio. Comparable as a multi-brand packaged bakery group operating across European retail.
• Chipita SA: Greek-industrial frozen pastry and croissant producer, formerly a peer competitor in the same Greek packaged-bakery market and most directly comparable to ELBISCO in product category, distribution model (Greek supermarkets and exports) and target consumer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/135423
• Xx.com/elbiscocompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 ELBISCO