Caribou Coffee co-brands with Einstein Bros. Bagels in Colorado

Caribou Coffee co-brands with Einstein Bros. Bagels in Colorado

Private-equity parent plans growth of coffee-and-bagels concept

Caribou Coffee and Einstein Bros. Bagels are being merged in one location scheduled to open Wednesday in Colorado Springs, Colo.

Both Caribou and Einstein Bros.’s parent, Einstein Noah Restaurant Group Inc., or ENRGI, are owned by German private-equity firm Joh. A. Benckiser Group, which plans to open about 20 of the co-branded units before the end of 2015. Of those, 10 will be new locations and the rest will mostly include existing Einstein Bros. units that will be converted.

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