What has happened to Krispy Kreme Donuts?

On July 27, 2016, Krispy Kreme was acquired by JAB Beech. Under the terms of the transaction, company shareholders received $21 per share in cash for each share they own. As a result of the completion of the acquisition, Krispy Kreme’s common stock ceased trading on the New York Stock Exchange.

Why did Krispy Kreme delist?

30, 2015. Hot sold now. Krispy Kreme Doughnuts Inc. shareholders voted Wednesday morning in favor of selling the Winston-Salem company for $1.35 billion to an affiliate of JAB Holdings Inc.

Why Krispy Kreme is bad for you?

An original Krispy Kreme donut has 11 grams of fat—5 of those being saturated—while a Dunkin’ original donut has 6 gram of saturated fat (30 percent of your fat intake). You have to eat three entire donuts just to feel remotely full. They’re literal wastes of space inside your stomach.

Does Shaq own Krispy Kreme?

The Krispy Kreme franchise is partially owned by basketball legend and sports commentator Shaquille O’Neal.

Who owns jab holding?

Reimann family
Ownership. Owned by Germany’s Reimann family, 90\% of JAB belongs to four of the nine adopted children of the late Albert Reimann Jr. (1898–1984). They trace their wealth to chemist Ludwig Reimann, who, in 1828, joined with Johann Adam Benckiser (founder of the namesake chemical company).

Who owns Krispy Kreme on Ponce de Leon?

Shaquille O’Neal
Krispy Kreme’s longstanding Ponce de Leon restaurant is now owned by Shaquille O’Neal. Shaq acquired the Krispy Kreme location in 2016, adding to the former professional basketball player’s ever-growing list of Papa John’s Pizza franchise locations.

Where is Krispy Kreme donut originated?

Winston-Salem
Krispy Kreme Doughnut Corporation was founded in Winston-Salem in 1937 by Vernon Rudolph. A few years earlier Rudolph’s uncle, a Paducah, Ky., storeowner, had purchased a secret yeast-raised doughnut recipe and the copyrighted name Krispy Kreme from New Orleans chef Joe LeBeau.

Does Panera own Krispy Kreme?

JAB Holding owns brands including Keurig, Panera, Krispy Kreme, and Pret a Manger. The company has become a massive player in the coffee, snack, and sandwich industry over the last decade.