JAB Holding Company
JAB Holding Company is the privately-held parent company of foodservice concepts Bagel Brands, Caribou Coffee, Einstein Noah Restaurant Group, Espresso House, Krispy Kreme Doughnuts, Panera Bread, Peet’s Coffee and Pret a Manger. It also owns Keurig and Dr. Pepper, coffee company Jacobs Douwe Egberts, the cosmetics firm Coty, Bally fashion house, pet care companies National Veterinary Associates and Compassion-First Pet Hospitality.
Now based in Luxembourg, the company was incorporated as Benckiser, a chemical producer in Germany, in 1823. It expanded to household products and cosmetics in the 1980s and in 1999 it merged with Reckitt & Colman to form Reckitt Benckiser.
JAB itself was formed in 2012 and it purchased Peet’s Coffee & Tea soon after. It then went on to purchase Caribou, Einstein and Espresso House. It bought Krispy Kreme in 2016, taking it private, and did the same with Panera Bread in 2017. It formed Keurig Dr. Pepper in 2018 when it merged Dr. Pepper Snapple with Keurig Green Mountain. It bought its pet care concerns and Pret a Manger in 2019. It took a company including Peet’s and Jacobs Douwe Egberts public in 2020, and Krispy Kreme filed for an initial public offering in May of 2021. In June JAB purchased Australian coffee chain Campos Coffee.
Key data: JAB Holding Company
Segments: Quick service, Fast casual
Restaurant Segment: LSR Bakery-Cafe
Number of U.S. Locations: 4,041
2020 Sales: $7.83 billion
Source: Datassential Firefly 500
CEO: Olivier Goudet