M&A Deal Summary

Ampex Brands Acquires Au Bon Pain

On June 30, 2021, Ampex Brands acquired restaurant Au Bon Pain from Panera Bread

Acquisition Highlights
  • This is Ampex Brands’ 1st transaction in the Restaurants sector.
  • This is Ampex Brands’ 1st transaction in the United States.
  • This is Ampex Brands’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2021-06-30
Target Au Bon Pain
Sector Restaurants
Buyer(s) Ampex Brands
Sellers(s) Panera Bread
Deal Type Divestiture

Target

Au Bon Pain

Boston, Massachusetts, United States
Au Bon Pain is a bakery cafe operator with company-owned and franchised stores operating globally. The Company's menu includes freshly baked goods, made-to-order sandwiches, soups, and cafe beverages. Au Bon Pain was founded in 1978 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Ampex Brands

Richardson, Texas, United States

Category Company
Founded 2005
Sector Restaurants
Employees701
DESCRIPTION

Ampex Brands is a Yum! Brands and 7-Eleven franchisee with almost 600 QSR and fast-food restaurants and convenience stores. Ampex Brands was founded in 2005 and is based in Richardson, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Panera Bread

St. Louis, Missouri, United States

Category Company
Founded 1988
Sector Restaurants
Employees23,400
Revenue 2.8B USD (2016)
DESCRIPTION
Panera Bread's corporate headquarters in St. Louis, Missouri.
Panera Bread's corporate headquarters in St. Louis, Missouri.

Panera Bread is a national bakery-cafe concept with company-owned and franchise-operated bakery-cafe locations across the US and Canada. The Company's bakery-cafes are located in urban, suburban, strip mall, and regional mall locations and feature high-quality food in a warm, inviting, and comfortable environment. Panera Bread operates in three business segments: company bakery-cafe operations, franchise operations, and fresh dough and other product operations. Panera Bread was formed in 1988 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-08 Au Bon Pain

Boston, Massachusetts, United States

Au Bon Pain is a bakery cafe operator with company-owned and franchised stores operating globally. The Company's menu includes freshly baked goods, made-to-order sandwiches, soups, and cafe beverages. Au Bon Pain was founded in 1978 and is based in Boston, Massachusetts.

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