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US: Can competitor block Panera’s sale to Krispy Kreme?

By  |  April 27, 2017

A Montana-based bakery-café chain filed a Federal Trade Commission objection this week that questions the potential “anticompetitive effects” of the sale of Panera Bread to JAB Holding.

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    Great Harvest Bread, which has 196 units nationwide, claims the proposed merger puts its franchisees at competitive risk, especially in coffee programs, and could also be affected by a pending trademark infringement lawsuit that began in March 2016.

    JAB Holding, owner of coffee and breakfast concepts and Krispy Kreme, agreed in April to pay $7.5 billion for St. Louis-based Panera Bread, which has 2,042 bakery-cafés in the United States and Canada. A closing date on the deal has not been announced.

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