Panera Acquiring Au Bon Pain Under Aggressive New Expansion Initiative

by | Nov 9, 2017 | Commercial Real Estate News

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Panera Acquiring Au Bon Pain Under Aggressive New Expansion Initiative

Panera Bread has reached an agreement to acquire Au Bon Pain Holding Co., the Boston-based bakery-cafe chain of 304 units which was started by the founders of Panera Bread.

The deal marks a new strategy for St. Louis-based Panera, which itself was acquired three months ago and is transitioning to new leadership. It is the first step in Panera’s “initiative to intensify growth in new real estate channels, including hospitals, universities,” airports…

Article From: "Key Realty Commercial Real Estate News"   Read full article