JAB Holding Company

JAB Holding Company
Private
Headquarters Luxembourg[1]
Key people

Peter Harf, Bart Becht and Olivier Goudet

Matthias Reimann-Andersen (co-owner)
Renate Reimann-Haas (co-owner)
Stefan Reimann-Andersen (co-owner)
Wolfgang Reimann (co-owner)

JAB Holding Company[2] (“JAB”) is a privately held group[3] focused on investments in companies with premium brands in the Consumer Goods category.[4] JAB’s portfolio includes a minority stake in the consumer products company Reckitt Benckiser,[5] a majority stake in Coty, Inc., a majority stake in Peet’s Coffee & Tea, a majority stake in Caribou Coffee Company, a majority stake in D.E. Master Blenders, a majority stake in Einstein Noah Restaurant Group, and a majority stake in Jimmy Choo Ltd.[6][7][8] JAB also owns Bally, Belstaff and Zagliani.[9]

JAB is 95% owned by four of Albert Reimann, Jr.'s nine adopted children. Each inherited 11.1% on his death in 1984, but in the following years, five sold their stakes to the other four, Matthias Reimann-Andersen, Renate Reimann-Haas, Stefan Reimann-Andersen and Wolfgang Reimann, each of whom is now worth $3.8 billion (as of January 2015).[10]

References

  1. ↑ Arash Massoudi (September 11, 2012). "Coty postpones $700m IPO amid slowdown". Financial Times.
  2. ↑ William Alden (September 29, 2014). "Bagel Maker Einstein Noah Sold to German Firm for $374 Million". The New York Times.
  3. ↑ Jonathan Braude (October 17, 2014). "Jimmy Choo bravely steps onto London market after IPO". The Deal (magazine).
  4. ↑ Chelsey Dulaney (September 29, 2014). "Einstein Noah Agrees to $374 Million Buyout". The Wall Street Journal.
  5. ↑ Joan E. Solsman (July 23, 2012). "Peet's Coffee to Be Taken Private for $1 Billion". The Wall Street Journal.
  6. ↑ Mary Ellen Podmolik (September 29, 2014). "JAB Holdings to buy bagel seller Einstein Bros.' parent for $374 million". Los Angeles Times.
  7. ↑ Mary Ellen Podmolik (September 29, 2014). "Einstein bagels parent to be acquired by majority owner of Peet's, Caribou Coffee". Chicago Tribune.
  8. ↑ Julia Kollewe and Jill Treanor (October 17, 2014). "Jimmy Choo shares edge higher on stock market debut". The Guardian.
  9. ↑ Jana Simmons (October 17, 2014). "Jimmy Choo Lists in London, With Shares at Bottom of Range". The Wall Street Journal.
  10. ↑ "Matthias Reimann-Andersen". Forbes. Retrieved 30 January 2015.