General News
Apr. 7, 2017
Panera acquired by JAB Holding Company for $7.5B
It is only the latest effort to expand into restaurants by JAB, the investment arm of the Reimann family of Germany, who are heirs to the consumer goods company Joh. A. Benckiser.
JAB Holding Company has acquired the American brands Peet's Coffee, Caribou Coffee and Keurig Green Mountain, all since 2012.
It also combined the European coffee giant, D.E. Master Blenders 1753, with the coffee business of Mondelez International foods to create a company now known as Jacobs Douwe Egbert. Then it bought the high-end coffee retailers Stumpto...
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