Founded in 1992, Caribou Coffee provides innovative, high-quality handcrafted beverages, and an all-day menu including gluten-free, vegetarian, and plant-based items. Caribou has 325 company-owned...
Founded in 1992, Caribou Coffee provides innovative, high-quality handcrafted beverages, and an all-day menu including gluten-free, vegetarian, and plant-based items. Caribou has 325 company-owned and 142 non-traditional locations nationwide, and 282 franchise stores in 9 countries as of September 2022. Caribou Coffee products can also be found in all 50 states across grocery stores, mass retailers, club stores, food service providers, hotels, entertainment venues, and online. In December 2012, the company was taken private in a $340M deal by German equity company JAB Holding Company. Caribou Coffee is part of a portfolio of complementary brands bound by common values, Panera Brands, comprising Panera Bread, Caribou Coffee, and Bagel Brands. Panera Brands’ brands are independently operated and united in their mission to be force multipliers for good for their guests, communities, the planet, and the shareholders they serve. The Headquarters are located at Brooklyn Center, Minnesota.
JAB Holding Company is a privately held group focused on long-term investments in companies with premium brands. The company owns Bagel Brands, Caribou Coffee, Einstein Noah Restaurant Group, Espresso House, Panera Bread, Peet’s Coffee, and Pret a Manger. It also owns Keurig and Dr. Pepper. In 2021, JAB’s investment portfolio had a profit of $5.1B for the year, translating into total shareholder returns of 23%. JAB Holding Group is headquartered in Luxembourg.
Manna Development Group, LLC was started in San Diego in 2003 by Paul Saber and Patrick Rogers. Paul was a former McDonald's Franchisee and Patrick was a former executive with Ford Motor Company. Together they started with a single bakery cafe and now operate 155 bakery cafes throughout southern California, Oregon, Washington, Michigan, Indiana, Colorado, Oklahoma, and Missouri.