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Missouri-based operator of franchise-run bakery-cafes, founded in 1987, acquired in 2017 by a JAB-led consortium.
Founded in 1987 and based in Missouri, US, Panera Bread Company, also known as Panera and formerly Au Bon Pain Co., Inc., owns franchise-operated bakery-cafes. In July 2017, a consortium led by JAB Holding Company, with BDT & MSD Partners, acquired the company for approximately USD 7.5 billion in cash, or USD 315 per share, in a public-to-private transaction. Its menu includes sandwiches, paninis, pizza, soups, salads, drinks and bread products, and its brands include Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café.
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