BelGioioso Cheese - Fresh Mozzarella
Eiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperature
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


BelGioioso Cheese - Fresh MozzarellaEiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperature

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...

Charlotte-Based Hissho Sushi Debuts at Bank of America Stadium for Carolina Panthers’ 2018-2019 Season

The company provides visitors and Panthers fans sophisticated, fresh options like the California Roll, Spicy Tuna Roll, and Crispy Crab Roll.
View Press Release

P3 Named Official Protein Snack of UFC®

UFC® announced a new marketing partnership with Oscar Mayer®.
View Press Release

New Tuscanini Parchment Crackers Bring the Sun-Kissed Taste of Italy to America's Table

Three handmade varieties deliver a sophisticated touch to meals and light snacks.
View Press Release

WCMA Launches Workforce Committee to Address Labor Challenges

The Association's Inaugural Meeting is set for October 23 in Monroe, Wisconsin.
View Press Release

Chris Greer Named Continuous Improvement Manager for Master-Bilt

As Continuous Improvement Manager, Greer will drive operational excellence initiatives and be responsible for developing consistent improvement in the manufacturing operation at Master-Bilt.
View Press Release

The Big Chocolate Show

From cacao bean to confection, chocolate takes center stage in New York City.
View Press Release