Panera Bread Company is an American bakery-café fast casual restaurant chain, offering bakery items, pasta, salads, sandwiches, soups and specialty drinks. Founded in 1987 as Paradise...
Panera Bread Company is an American bakery-café fast casual restaurant chain, offering bakery items, pasta, salads, sandwiches, soups and specialty drinks. Founded in 1987 as Paradise Bakery & Cafe, a community bakery, they rebranded as Panera Bread in September 2015. Today, there are over 2,100 bakery-cafes, operating under the Panera Bread or Saint Louis Bread Company, in 48 states and Ontario, Canada. Panera was acquired by JAB Holding Co. in 2017 for $7.5 billion and became a private company. They are now headquartered in Sunset Hills, MO.
JAB Holding Company is a German conglomerate that includes investments in companies operating in the areas of consumer goods, forestry, coffee, luxury, fashion, animal health, and fast food, among others. JAB Holding Company owns Bagel Brands, Caribou Coffee, Einstein Noah Restaurant Group, Espresso House, Krispy Kreme, Peet’s Coffee and Pret a Manger, as well as Keurig and Dr. Pepper. Established in 2012 as a partner-led investment firm, with $9B of invested capital, today the company manages over $50B in capital. JAB Holding Company is headquartered in Luxembourg.