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Reimann family

FB Roundup: JAB Holding, Jaguar Land Rover, and LVMH

May 22, 2019

JAB-owned Pret A Manger buys rival Eat, Jaguar Land Rover reports record $4.6 billion loss, and LVMH buys rosé producer Chateau du Goloupet.

JAB-owned Pret A Manger buys rival Eat

UK sandwich chain Pret A Manger has agreed to buy its rival Eat for an undisclosed fee to take advantage of the appetite for vegetarian and vegan foods.

Pret, owned by JAB Holding, said it plans to convert as many of the 94 Eat shops as possible to its new Veggie Pret concept in response to a demand for more vegan and vegetarian options on the high street.

‘Shame’ of Reimann family’s Nazi slave past revelations

March 29, 2019

Germany’s second wealthiest family, behind global brands Pret a Manger, Dr Pepper, and Krispy Kreme, say they are “ashamed” by their ancestors’ brutality towards slave labour during Nazi rule.

Germany’s second wealthiest family, behind global brands Pret a Manger, Dr Pepper, and Krispy Kreme, say they are “ashamed” by their ancestors’ brutality towards slave labour during Nazi rule.

FB Roundup: Saputo, Warren Buffett, and JAB Holding

February 28, 2019

Saputo to buy UK cheese maker Dairy Crest for $1.3 billion, Warren Buffett admits overpaying for Kraft Heinz, and JAB broadens portfolio with stake in pet hospitals.

Saputo to buy UK cheese maker Dairy Crest for $1.3 billion

Family-owned Canadian dairy giant Saputo is set to enter the British market for the first time after offering to buy cheese and butter maker Dairy Crest in a £975 million ($1.3 billion) deal, just months after acquiring Australia’s biggest dairy producer.

Trusted advisers trade places as Bart Brecht retires at JAB Holding Company

January 16, 2019

The trusted adviser who spearheaded a $50 billion spree of acquisitions over the last five years for Germany’s Reimann family will be succeeded by executives who expanded the portfolios of the families behind Mars and Anheuser-Busch InBev.

FB Roundup: Illy and JAB, Minor International, and Jollibee

October 11, 2018

Illy signs licensing agreement with JAB Holdings, Thailand’s Minor International buys up NH Hotels, and Filipino fast food chain Jollibee continues international expansion

Coffee competition heats up as Illy strikes deal with JAB
Award-winning Italian coffee company Illy has signed a licensing agreement with fellow family-controlled investor JAB Holdings to produce its illy-branded aluminium capsules.

Dr Pepper deal signals advantage of family firms’ long term horizons

February 2, 2018

JAB Holdings has cooled its coffee spending spree, striking a deal to buy its first cold drinks company, Dr Pepper Snapple, in a move which has bemused market commentators.

JAB Holdings has cooled its coffee spending spree, striking a deal to buy its first cold drinks company, Dr Pepper Snapple, in a move which has bemused market commentators.

Luxembourg-based JAB, which mainly controls the wealth of Germany’s Reimann family, has announced it will buy the US soft drink maker for $18.7 billion, and merge it with coffee pod producer Keurig Green Mountain, which JAB bought in 2015.