Mifroma - Turn an Ordinary Date Night into a Great Date Night... fondue it - Microwaveable cup ready to serve in 2 minutes - How do you fondue
New: Mariner Organic Little Dippers® Club House & Thin Wheat. Made Simple. Made Right.
Panera Bread Re-Acquires Au Bon Pain, Ron Shaich Comments

Panera Bread Re-Acquires Au Bon Pain, Ron Shaich Comments


ST. LOUIS, MO
Thursday, November 9th, 2017

This week, Panera Bread had something of a reunion with an old acquaintance; the nationwide bakery and restaurant chain announced that it has entered into a definitive agreement to acquire Boston-based Au Bon Pain Holding Co. Inc., parent company of Au Bon Pain.

The acquisition will bring two company’s with a history of shared ownership together again, according to a Panera press release. Ron Shaich, Panera’s Founder, Chairman, and CEO, and his late partner, Louis Kane, created Au Bon Pain Co. Inc. in 1981. The company went public in 1991 and acquired Saint Louis Bread Company in 1993. Saint Louis Bread was then renamed Panera and, in 1999, Au Bon Pain was sold so that all human and capital resources available at that time could be focused on Panera.

Ron Shaich, Chairman and CEO, Panera“With the acquisition we are announcing today, we are bringing Au Bon Pain and Panera together again. This acquisition offers the strategic opportunity for us to grow in several new real estate channels, including hospitals, universities, transportation centers, and urban locations, among others,” noted Shaich in the company’s release.

Au Bon Pain, a comparable bakery-cafe chain, has 304 units worldwide, and the company noted its acquisition will be part of Panera’s initiative to intensify growth in new real estate channels, including hospitals, universities, transportation centers and urban locations, among others.

Panera Bread Storefront

Au Bon Pain locations will join Panera’s expansive bakery-restaurant footprint. As of Sept. 26, 2017, there were 2,050 bakery-cafes in 46 states and in Ontario, Canada, operating under the Panera Bread®, Saint Louis Bread Co.,® or Paradise Bakery & Cafe® names.

Terms of the transaction, which is expected to close during the fourth quarter, were not disclosed. For more developments in the dairy, deli, and bakery industries, stay tuned to Deli Market News.

Panera Bread


Mifroma - Turn an Ordinary Date Night into a Great Date Night... fondue it - Microwaveable cup ready to serve in 2 minutes - How do you fondueNew: Mariner Organic Little Dippers® Club House & Thin Wheat. Made Simple. Made Right.

Have a new product, press release or story idea?

Let us know

In This Story


We are a symbol of warmth and welcome. We are a simple pleasure, honest and genuine. We are a life story told over dinner. We are a long lunch with an old friend. We are your weekday morning ritual...

Chukar Cherries Wins Gourmet Food of the Year at Las Vegas Market

Original Assortment named Best in Category at 2019 Housewares Design Awards.
View Press Release

Time to Explore a Whole New Organic Look and Brand-New Range for Explore Cuisine at Expo West 2019

The innovative organic pasta brand creates a new Risoni category for rice-lovers seeking a better-for-you option that is high in protein and a good source of fiber.
View Press Release

NJ's Pereg Natural Foods Pushes The (Resealable) Envelope Again With 3 New Varieties of Crispy, All-Natural Bread Crumbs

They join a crunchy family that includes Classic, American, Viennese, Mexican, and Italian Fine Bread Crumbs and their Japanese cousins Spicy Panko, Coarse Panko, and Fine Panko.
View Press Release