JAB has a controlling interest in Krispy Kreme and ownership interest in Keurig Green Mountain, Peet’s Coffee & Tea, Caribou Coffee, and Einstein Bagels.
Panera Bread being sold to Krispy Kreme owner
The owner of a chain known for making a guilty pleasure, sugary Krispy Kreme doughnuts, is buying another that has built its reputation around healthy eating, Panera Bread.
JAB, the investment firm that controls the Krispy Kreme chain and coffee brands Keurig, Peet’s and Caribou, announced the $7-billion deal Wednesday to acquire Panera and turn it into a private company. Though known for its sandwiches, Panera is a major seller of coffee.