On the Record · Panera Bread
Panera Bread acquisitions, on the record
The businesses Panera Bread bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
one bakery-cafe from a Florida franchisee (Hallandale, Florida franchisee)Word for word“On April 9, 2013, the Company acquired substantially all the assets of one bakery-cafe from its Hallandale, Florida franchisee for a purchase price of $2.7 million .” 10-K for 2014 | acquisition | April 9, 2013 | $2.7 million |
16 bakery-cafes and related area development rights from its Raleigh-Durham, North Carolina franchiseeWord for word“On March 28, 2012, the Company acquired substantially all the assets and certain liabilities of 16 bakery-cafes and the related area development rights from its Raleigh-Durham, North Carolina franchisee for a purchase price of $48.0 million .” 10-K for 2014 | acquisition | March 28, 2012 | $48.0 million |
one bakery-cafe sold to an existing franchiseeWord for word“On March 3, 2015, the Company sold substantially all of the assets of one bakery-cafe to an existing franchisee for cash proceeds of approximately $3.2 million , which resulted in a gain on sale of approximately $2.6 million .” 10-K for 2015 | divestiture | On March 3, 2015 | approximately $3.2 million |
Tatte Holdings, LLCWord for word“On December 7, 2015, the Company acquired a 50.01% interest in Tatte Holdings, LLC (“Tatte”), for a cash contribution of $4.0 million (the “Tatte Acquisition”).” 10-K for 2015 | acquisition | On December 7, 2015 | $4.0 million |
one bakery-cafe from its Hallandale, Florida franchiseeWord for word“On April 9, 2013, the Company acquired substantially all the assets of one bakery-cafe from its Hallandale, Florida franchisee for a purchase price of $2.7 million .” 10-K for 2015 | acquisition | On April 9, 2013 | $2.7 million |
Company-owned bakery-cafes (refranchising)Word for word“As of December 27, 2016, the Company had completed the sale of 102 Company-owned bakery-cafes.” 10-K for 2016 | divestiture | As of December 27, 2016 | — |
| Fiscal year ended | Cash received from selling businesses |
|---|---|
| 2016-12-27 | $15.6 million |
Deal filings since 2016
- 2017-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Panera Bread’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.