- JAB Holding owns some of the most famous chains in the world, including Krispy Kreme, Panera, and Pret A Manger.
- On Wednesday, Pret A Manger announced it had reached an agreement to acquire British sandwich chain EAT.
- JAB is owned by the secretive German Reimann family, which has a net worth of at least $US19 billion.
- Here is the breakdown of all the chains that JAB Holding owns.
Krispy Kreme, Panera, Pret a Manger, and Peet’s Coffee are some of the most beloved chains in America.
However, not everyone realises that these chains are all owned by the same company.
JAB Holding is the investment arm of the secretive Reimann family. JAB owns chains including Krispy Kreme, Panera, Caribou Coffee, Au Bon Pain, and Pret A Manger, as well as Keurig Dr. Pepper and bottled-water brand Core.
In recent years, JAB has acquired some of the biggest names in food and beverage.
Here’s a breakdown of all of JAB’s chains:
On Wednesday, Pret a Manger announced it had reached an agreement to acquire British sandwich chain EAT. The brand plans to convert “as many of EAT’s shops as possible” to “Veggie Pret” locations.
Read on for more details on all the chains JAB owns:
JAB acquired Peet’s Coffee and Tea in 2012.
It then did a deal for Caribou Coffee.
Next up was D.E Master Blenders 1753.
Then it struck a big deal in 2014 to create Jacobs Douwe Egberts, which owns brands including Kenco, Tassimo, Senseo, and Moccona.
JAB Holding bought Einstein Bros.’ parent company in 2014.
It also acquired the leading Nordic coffee retailer.
JAB-owned Peet’s Coffee and Tea has gone on a buying spree.
JAB’s acquisitions aren’t restricted to chains.
In 2015, news broke that JAB was planning to acquire Keurig.
That December, JAB announced plans to buy Keurig for about $US13.9 billion.
In 2018, Keurig merged with Dr Pepper Snapple Group.
JAB added Krispy Kreme to the mix in 2016.
Panera was a big-name purchase.
Panera then acquired its sandwich rival Au Bon Pain.
The two brands have strikingly similar menus, selling sandwiches, salads, soups, and coffee with an emphasis on nutrition that many fast-food competitors do not have.
In May 2018, JAB agreed to a deal to buy Pret A Manger.
Pret has been rapidly building out its international presence, opening locations in the US, Hong Kong and China, and France, adding to its already strong presence in the UK.
Insomnia Cookies joined the JAB empire thanks to a deal with Krispy Kreme.
The terms of the deal were not announced, though a source told CNBC that the then-unannounced deal would value Insomnia Cookies at less than $US500 million.
Core is one of the latest beverage brands to come under JAB’s control.
Core is best known for its bottled water brand, Core Hydration, and fruit hydration brand, Core Organic.
Frank Chaparro, Jonathan Marino, and Rachel Butt contributed to earlier versions of this post.
Pret a Manger announced on Wednesday that it had reached an agreement to acquire EAT, transforming the sandwich chain into a vegetarian-centric brand “Veggie Pret.”
“The purpose of this deal is to serve a growing demand of vegetarian and vegan customers who want delicious, high quality food and drink options,” Pret CEO Clive Schlee said in a statement.
“We have been developing the Veggie Pret concept for over two years and we now have four hugely successful shops across London and Manchester. The acquisition of the EAT estate is a wonderful opportunity to turbo charge the development of Veggie Pret and put significant resources behind it.”
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