Samstag, 18. Mai 2024

Global Industry: JAB Holding acquires Krispy Kreme

Hamburg. (bm) Krispy Kreme Doughnuts Inc. and JAB Beech Inc., an indirect controlled subsidiary of JAB Holding Company in which BDT Capital Partners is a minority investor alongside JAB, announced that the companies have entered into a definitive merger agreement under which JAB Beech will acquire Krispy Kreme for 21 USD per share in cash, or a total equity value of approximately 1.35 billion USD. There are over 1’100 Krispy Kreme shops in more than 26 countries around the world and the agreement has been unanimously approved by Krispy Kreme’s Board of Directors. Other topics of the week: