JAB Holding takes Panera Bread private (2017)
JAB Holding, the investment arm of Germany's Reimann family, bought Panera Bread for about $7.5 billion and pulled it off public markets. JAB had already assembled Keurig, Peet's, and Krispy Kreme.
Panera left the stock market and stopped filing quarterly results, giving JAB room to reshape it without public scrutiny.
The deal showed European family capital could take large US food brands private and run them for years outside public markets.
Like Intersnack with Utz, a European family holding used private ownership to take control of a well-known American food brand.
