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How the acquisition of Bellagreen happened during a looming recession

The turbulent economic time didn’t stop Ampex Brands from acquiring the 8-unit brand


Welcome to First Bite, a Nation’s Restaurant News podcast, your daily source of news from NRN hosted by Holly Petre.

Today, we’re examining the recent acquisition of Bellagreen by Au Bon Pain parent Ampex Brands.

On Friday, we reported exclusively that Au Bon Pain’s owner Ampex Brands acquired the fast-casual brand Bellagreen from Bellagreen Holdings LLC which also owns the Original ChopShop. Chopshop will remain its own entity now.

Ampex Brands purchased Au Bon Pain in 2021 from Panera Bread and added it to its portfolio of quick service and c-store brands that include KFC, Pizza Hut, Taco Bell, Long John Silver’s and 7-Eleven.

Terms of the Bellagreen deal were not disclosed but it officially closed on July 18.

NRN senior editor Ron Ruggless has more on the deal in this episode.

Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode.

Be sure to subscribe to First Bite wherever you get your podcasts or on CastosSpotify, or Apple Podcasts.

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