Private | |
Industry | Conglomerate |
Founded | 1828 |
Founders | Ludwig Reimann Johann Benckiser |
Headquarters | Luxembourg City, Luxembourg |
Key people
|
Peter Harf, Bart Becht, Olivier Goudet, Matthias Reimann-Andersen, Renate Reimann-Haas, Stefan Reimann-Andersen, Wolfgang Reimann |
Owners | Reimann family |
Number of employees
|
7 (2016) |
Parent | Agnaten SE |
Subsidiaries |
Coty, Inc. (38.1%) Peet's Coffee Mighty Leaf Tea Caribou Coffee Jacobs Douwe Egberts Einstein Bros. Bagels Keurig Green Mountain Krispy Kreme Panera Bread Bruegger's |
Website | jabholco |
JAB Holding Company (“JAB” or Joh. A. Benckiser) is a privately held German conglomerate, headquartered in Luxembourg, that includes investments of companies operating in the arenas of consumer goods, forestry, coffee, luxury fashion, and fast food, among others.
JAB’s portfolio includes a minority stake in the consumer products company Reckitt Benckiser, a majority stake in Coty, Inc., a majority stake in Peet’s Coffee & Tea, a majority stake in Caribou Coffee Company, a majority stake in Jacobs Douwe Egberts (JDE) and a majority stake in Einstein Noah Restaurant Group. JAB also owns Bally, Belstaff, Zagliani, Espresso House and Baresso Coffee A/S. JAB has given up on the plan to establish a holding of luxury goods makers, selling off its flagship fashion brands, Jimmy Choo (now Michael Kors) and Belstaff (now Ineos). JAB owns a minority stake in Bally after selling it to Chinese Shandong Ruyi.
In August 2014, under the Peet's Coffee and Tea brand, JAB acquired Mighty Leaf Tea, a specialty tea retailer based in the San Francisco Bay Area. In October 2015, Peet's Coffee & Tea also acquired a majority stake in Chicago-based Intelligentsia Coffee & Tea. making this the second purchase in a month following the acquisition of Portland, Oregon's Stumptown Coffee.
In March 2016, JAB and other investors acquired Keurig Green Mountain for $13.9 billion. In May 2016, JAB-controlled JAB Beech reached an agreement to acquire US doughnut shop operator, Krispy Kreme, for $1.35 billion. On 5 April 2017, JAB reached an agreement to buy U.S.-based Panera Bread, a fast casual bakery-café chain, for $7.5 billion. On 24 August 2017, JAB announced the acquisition of Bruegger's Bagels.