Deal valued at $374 million.
In a deal worth approximately $374 million, JAB Holding Company will acquire Einstein Noah Restaurant Group, Inc., a multi-concept operator with a portfolio that includes such chains as Einstein Bros. Bagels, Noah's New York Bagels, and Manhattan Bagel. The deal is subject to customary closing considerations.
At the close of the transaction, Einstein Noah Restaurant Group will maintain its headquarters in Lakewood, Colo., and continue to operate as a standalone business in the JAB portfolio. Michael Tattersfield, chief executive officer of Caribou Coffee Company, Inc., another JAB portfolio company, will serve as chairman of the board.