Panera sold for $7.5 billion on success of mobile orders and healthy menus,
Share Now on:
In the most expensive U.S. restaurant deal in history, Panera, that spot that touts itself as a healthy fast-casual restaurant, has been acquired by private European investors JAB Holdings. The deal is reported to be worth $7.5 billion. Panera’s headquarters is in St. Louis, and the chain has about 2,000 locations in the U.S. It joins recent acquisitions at JAB, like Einstein Bros. Bagels, Krispy Kreme doughnuts and Peet’s Coffee and Tea. Panera makes sense for JAB’s trend in buying coffee and baked goods businesses.
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.