JAB Holding Company may look to continue expanding coffee/breakfast empire by acquiring Dunkin’ Donuts
Shares of the company jumped 8 percent on October 31 as investors speculate that JAB Holding is interested in acquiring Dunkin’ Donuts. The past five years have been busy for the company, which has rapidly expanded its portfolio with major brands.
Representatives from JAB Holding Company and Dunkin’ Donuts have yet to comment on the speculation, but market experts see the potential acquisition as a wise move for the company.
“Buying Dunkin' would give JAB an enviable position in the coffee and snack space. The deal would certainly create a whole host of synergistic cost savings and new sales opportunities,” says Neil Saunders, managing director of GlobalData.
We will continue to report on this potential acquisition as more news develops.