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The restaurant company “Inspire Brands” has announced that it will buy “Dunkin Brands”, owners of the “Dunkin Donuts” and “Baskin Robbins” series, for 8.8 billion dollars.
The company said in a statement that the deal is worth $ 11.3 billion, including debts owed by “Dunkin Brands”.
Inspire Brands owns the restaurant chains Arby’s, Buffalo Wild Wings, Sonic Drive Inn, and Jimmy Jones.
Dunkin ‘Donuts, which was established in 1950 in the state of Massachusetts in the northeastern United States, is known for its variety of donuts, in addition to serving different types of coffee and breakfast sandwiches. .
Baskin Robbins began operations in 1945 in California and is known for serving 31 flavors of ice cream sundae. The two brands operate more than 20,000 distribution points in more than 60 countries.
Both companies suffered the consequences of the Covid-19 pandemic and the resulting temporary or permanent store closures, with parent group sales volume declining by 6% in total in the first nine months of 2020 .
Dunkin Brands, a former subsidiary of the Allied Domic group, was sold in 2005 to the French alcoholic beverage manufacturer Brno Ricard, which sold it the following year for $ 2.4 billion to 3 investment funds: Bain Capital and Carlisle. And Thomas H. Lee.
With the addition of “Dunkin ‘Donuts”, “Inspire Brands” will operate more than 31,600 restaurants, totaling $ 26 billion in sales and employing 600,000 employees.
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