Germany’s JAB Swallows More American Breakfast Chains
Texas-based Le Duff America, a subsidiary of Rennes, France-based Groupe Le Duff, has shifted to a more franchise-focused strategy in the U.S., and plans to expand its global French concept, Brioche Dorée.
The sale would add yet another breakfast concept to the fast-growing brand portfolio owned by JAB Holding Co. Bruegger’s operates more than 260 locations, down from more than 280 units in 2015. Franchisees own about 90 locations.
The Bruegger’s acquisition is only the latest in JAB Holding’s growing foothold in the United States. In the past several years, the German investment firm has purchased Panera, Krispy Kreme Doughnuts, Einstein Noah Restaurant Group, Caribou Coffee, Peet’s Coffee & Tea and Stumptown Roasters. Late last year, it spent roughly $13.9 billion to acquire single-serve coffee machine maker Keurig Green Mountain.