Panera Bread agrees to sale to Krispy Kreme owner, will go private
The investment firm that controls the Krispy Kreme chain and coffee brands Keurig, Peet's and Caribou has reached an agreement to acquire Panera Bread and turn it into a private company. JAB is expanding its empire of coffee-related brands with the acquisition of publicly-traded Panera in a deal worth more than $7 billion. JAB gave few details about its plans for Panera, which has more than 2,000 locations and about $5 billion in annual sales. Ref. USAToday.
Panera Bread (Hover)
I love Panera Bread. For doughnuts, I'm more of a Dunkin' person than Krispy Kreme. I hope that this move doesn't change either very much, since I'm currently living in a smaller town with few establishments. Panera is my go-to, and I'm not sure what I'll do if they change the menu too much!
Panera Bread is my go-to place when I want to reward myself! I really love their mac & cheese, and their desserts. Delicious!