We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

It’s Official: Panera Bread Sold To Krispy Kreme Owner

April 5, 2017: 12:00 AM EST
Holding company JAB confirmed last week that it will acquire St. Louis-based retail bakery chain Panera Bread for $7.2 billion. JAB’s portfolio of companies includes Caribou Coffee, Krispy Crème Doughnuts and Keurig Green Mountain. Panera operates 2,000 bakery cafes in the U.S. Already a hit among health-conscious consumers, Panera lately has been taking steps to improve sales and service. It is growing its loyalty program, installing time-saving kiosks, and expanding delivery. Panera’s shares soared 14.2 percent to a record-high of $312.98 when the sale was announced. JAB is paying a 20.3 percent premium on the stock’s March 31 closing price. [ Image credit: © Panera Bread Co.  ]
Anya George Tharakan et al., "Krispy Kreme-Owner JAB to Buy Bakery Chain Panera Bread", Reuters, April 05, 2017, © Reuters
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
United States of America
Europe
Luxembourg
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Products & Brands
Developed by Yuri Ingultsov Software Lab.