News

JAB finalizes Panera transaction

July 18, 2017

JAB has completed its acquisition of Panera as of July 18, according to a press release.

The transaction, which was announced on April 5, is an investment vehicle of JAB Holding Company and JAB Consumer Fund. Panera's common stock will now be taken off the NASDAQ Global Select Market.

JAB owns majority stakes in other concepts, including Keurig Green Mountain, Krispy Kreme Doughnuts and Einstein Noah Restaurant Group, according to the release.