What Condeco does

Condeco is a privately held Swedish café and bakery operator founded in 2003 in Göteborg by owner Eva Olsson, a trained chef. The company operates three café locations—Fredsgatan (Göteborg, est. 2004), Kungsgatan (Göteborg, est. 2021), and Kungsmässan (Kungsbacka, est. 2025)—supported by an in-house central bakery in Högsbo (est. 2010) that produces all breads, pastries, and baked goods from scratch daily. Its product portfolio spans lunch and soup buffets, fresh pasta dishes, organic specialty coffee (sourced and roasted locally via Bergstrands Kafferosteri), organic tea, breakfast offerings, and a formal corporate catering service delivering to businesses across Göteborg and Kungsbacka. Per-cover pricing sits in the 47–149 SEK range across sandwiches, salads, bowls, and pastries, with a 10% student discount and structured catering packages.

The business model is fundamentally a traditional retail hospitality operation with light vertical integration. Revenue is generated through three streams: walk-in café food and beverage sales across the three locations, in-house bakery output distributed to those locations, and corporate catering (B2B) on 48-hour advance order. The go-to-market motion is direct-to-consumer for cafés and direct-sales (field/enterprise) for catering, with marketing driven primarily by organic social media, the company website, and word-of-mouth referrals. There is no app, no disclosed digital platform, and no institutional investor or external parent company. Ownership is concentrated in founder Eva Olsson, who also operates the business without disclosed venture or private equity backing.

The customer base is anchored by individual consumers visiting for fika, lunch, study, and remote work, supplemented by corporate catering clients in the Göteborg and Kungsbacka corridor. Strategic supplier partnerships include Bergstrands Kafferosteri (coffee), La Marzocco (espresso equipment), TEArs of Heaven (tea), and a local Swedish flour mill. Geographic exposure is confined to two Swedish regions (Västra Götaland and Halland), and headcount sits at 51–100 employees. The competitive position rests on in-house production, locally roasted specialty coffee, custom-designed interiors, and a multi-decade local brand reputation rather than on technology differentiation.

Name

Condeco

Legal name

Condeco

Website

https://condeco.se

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Condeco is a privately held Swedish café and bakery chain founded in 2003 in Göteborg, operating three cafés and a central bakery, serving individual consumers and corporate catering clients in Göteborg and Kungsbacka.

Ownership category

akta.pro rank

Product category

Specialty Café & Bakery Services

NAICS

Limited-Service Restaurants (722513), Bread and Bakery Product Manufacturing (31181), Retail Bakeries (311811)

SIC

Retail-Eating & Drinking Places (5810), Bakery Products (2050)

akta.pro primary industry

Cafe-Bakeries (Bakery + Coffee/Foodservice) (THAFAFAG)

Keywords

• Specialty coffee shops
• Café food service
• In-house bakery
• Corporate catering delivery
• Swedish fika culture

Headquarters

HQ city

Göteborg

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Café Food & Beverage Sales: Revenue from serving food and beverages at physical café locations, including hot meals, soup buffet, fresh pasta, bakery items, coffee, and tea. Open daily with warm food served from 11:00 until closing.
2. Catering Services: Corporate catering services delivering breakfast packages, salads, bowls, sandwiches, baked goods, juices, and coffee to businesses in Gothenburg and Kungsbacka areas. Orders placed 48 hours in advance.
3. Bakery Products: All bread, pastries, and baked goods are made in-house at their Högsbo bakery and delivered fresh daily to their café locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Condeco operates a Swedish café chain of three locations (Fredsgatan, Kungsgatan, and Kungsmässan) serving homemade food, organic specialty coffee and tea, and scratch-baked goods produced at its in-house Högsbo bakery. The company also provides corporate catering services delivering breakfast packages, salads, bowls, sandwiches, fresh baked goods, juices, and coffee to businesses across Göteborg and Kungsbacka.

Product overview

Condeco is a Swedish café chain founded in 2003, operating as a single unified hospitality brand with multiple café locations. The company operates three cafés (Fredsgatan, Kungsgatan, and Kungsmässan in Kungsbacka), supported by an in-house bakery in Högsbo that produces all baked goods from scratch daily. The product portfolio spans café dining services including lunch and soup buffet, fresh pasta dishes, and organic coffee and tea service, complemented by a catering division delivering to businesses in Göteborg and Kungsbacka.

Differentiator

Problem solved

Functional benefit

Products and services

• Café Dining Service Daily sit-down café service across three locations in Göteborg and Kungsbacka, offering lunch, soup and salad buffet, fresh pasta, organic coffee, tea, and pastries to walk-in guests for casual dining, work, fika breaks, and social meetings.
• Corporate Catering Service

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Bergstrands KafferostericoreStrategic or Co-development PartnerLong-standing coffee roaster partnership. Bergstrands roasts specialty coffee specifically for Condeco at their facility on Ringön in Gothenburg. Coffee exceeds 80 points on 100-point quality scale. Partnership focused on quality, craftsmanship, and sustainability.
• TEArs of HeavenminorStrategic or Co-development PartnerOrganic tea supplier providing teas with pure flavors and natural ingredients. Both packaging and tea bags are compostable.
• La MarzoccocoreTechnology or IntegrationItalian espresso machine manufacturer. All Condeco cafés use La Marzocco espresso machines to ensure optimal espresso quality.
• Local Swedish MillminorStrategic or Co-development PartnerSmall-scale Swedish mill providing flour for bakery production. Part of local sourcing strategy for quality ingredients.

Scale indicators3 records

Recent moves11 records

Expansion highlights5 records

Regional players

• Urban Deli: Swedish food hall/restaurant concept operating in Stockholm and other Swedish cities with cafés, restaurants, and food retail. Comparable as a Swedish premium casual dining peer with a food-plus-coffee offering, though anchored in Stockholm rather than Gothenburg.

Direct peers

• Joe & The Juice: Danish-born café and juice bar chain expanding across Europe with a focus on specialty coffee, fresh juices, and sandwiches. Comparable as a Scandinavian-origin premium café concept targeting urban professionals.
• Baresso Coffee: Swedish specialty coffee chain operating cafés across Sweden with a focus on high-quality coffee and café food. Comparable as a Sweden-based specialty coffee café peer in a similar quality tier.
• Gateau: Swedish bakery café chain offering pastries, sandwiches, coffee, and light meals in café locations across Sweden. Comparable as a Swedish bakery-led café peer with similar fika-centered product mix.
• Da Matteo: Specialty coffee roaster and café group based in Gothenburg, operating several cafés in the same city as Condeco. Comparable as a Gothenburg-headquartered specialty coffee café competitor with overlapping premium positioning.
• Wayne's Coffee: Scandinavian café chain with locations across Sweden and the Nordics, offering coffee, sandwiches, salads, and bakery items. Comparable mid-market café positioning with similar food and beverage mix to Condeco.
• Espresso House: Sweden's largest domestic café chain, founded in Malmö, operating several hundred cafés across the Nordics serving coffee, fika pastries, and light meals. Directly comparable to Condeco in category, customer base, and Swedish café culture.

Broad incumbents

• Starbucks: Global coffee chain with broad presence in Sweden offering coffee, tea, and food in cafés. Comparable as a large incumbent operating in the same café/coffee category but serving a broader, more standardized customer base.
• Caffè Nero: European café chain with several hundred locations in the UK and continental Europe serving espresso-based coffee and Italian-style café food. Comparable as an established café chain incumbent operating at larger scale in similar formats.
• Pret A Manger: UK-origin international chain of fresh food cafés serving sandwiches, salads, coffee, and baked goods. Comparable as a large incumbent café chain with a similar fresh food and coffee mix, though operating at much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/Condeco-100063701988166
• LinkedInlinkedin.com/company/condeco-ab

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 Condeco