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Duff & Phelps, A Kroll Business, Advised Au Bon Pain on Its Sale to Ampex Brands

Au Bon Pain

a subsidiary of

Panera Bread

has been acquired by


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Josh Benn
Josh Benn
Head of Americas M&A Advisory and Global Head of Consumer Corporate Finance
New York
Vijay Sampath
Vijay Sampath
Managing Director
Consumer Investment Banking
New York

On June 29, 2021, ABP Corporation (“Au Bon Pain” or the “Company”), a leading, internationally franchised fast casual bakery-café chain, and subsidiary of Panera Bread, was acquired by Ampex Brands LLC (“Ampex”).

The Restaurant M&A Practice of Duff & Phelps, A Kroll Business, served as exclusive financial advisor to Au Bon Pain in connection with the transaction.

About Au Bon Pain
Based in Boston, Massachusetts and a subsidiary of Panera Bread since 2017, Au Bon Pain is a fast casual bakery-café concept with 187 locations domestically and internationally. The Company's cafés offer the freshest and highest quality breads and baked goods, coffee beverages and chef-inspired sandwiches, soups and salads, all marked by unmatched portability. Living up to its name, which means “good bread”, Au Bon Pain bakes its breads and pastries fresh on-premise daily. TCF Law Group, PLLC served as legal counsel to Au Bon Pain.

About Ampex Brands
Founded in 2005 by Tabbassum Mumtaz, Ampex Brands is a Yum! Brands and 7-Eleven franchisee of QSR and convenience stores. With its acquisition of the Au Bon Pain brand (both domestically and internationally), Ampex Brands has catapulted into the franchisor role.

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