On Friday, Krispy Kreme announced that it has agreed to buy a majority stake in the cookie chain Insomnia Cookies.
Krispy Kreme is owned by JAB Holding Co., the Luxembourg-based investment firm that has made a habit in recent years of making acquisitions of primarily breakfast and treat concepts.
It was the second acquisition of a restaurant company by JAB or a JAB-owned entity in the past six weeks. In the past few years, it has made big deals, small deals and deals in between to become a major restaurant industry powerhouse.
Here’s a look at JAB’s restaurant concepts.
JAB Holding made the surprising deal for Panera Bread last year, taking the bakery/cafe chain private for $7.5 billion.
Stumptown Coffee/Intelligentsia Coffee
JAB-owned Peet’s Coffee in 2015 bought the Portland, Ore.-based Stumptown Coffee Roasters. Weeks later, it announced the acquisition of Chicago-based Intelligentsia Coffee. Both of the smaller concepts specialize in high-quality coffee.