The speculation has ended. Panera Bread is selling. Yesterday (April 5) the quick-service restaurant chain announced that it has entered into a definitive merger agreement with JAB Holding Co., the investment firm that owns Caribou Coffee, Krispy Kreme and Peet’s Coffee, among others. Under the agreement,...
July 19, 2017
How about some coffee with that bagel? Panera Bread has gone from publicly-traded to private, bought out by JAB Holding Company, the parent company of Caribou Coffee, Peet’s Coffee & Tea and Keurig Green Mountain. Quick-service restaurant (QSR) Panera’s new parent, a Luxembourg-based private equity firm, paid $7.5 billion for the acquisition, beating out Starbucks […]
