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<div id="pastingspan1"><span style="">In a move to further consolidate its growing coffee portfolio, JAB Holdings Co. will take <a href="http://www.krispykremefranchise.com/us/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=krispy-kreme-to-be-acquired-by-jab-holding-for-135-billion-4542" target="_blank" rel="nofollow" target="_blank">Krispy Kreme</a> private for $1.35 billion. It&#8217;s the second buyout of a U.S. food company by the German investment firm in over two months. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">In premarket trading on Monday, shares of Krispy Kreme rose nearly 24 percent to $20.84, which was just below the offer price of $21 per share in cash. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">According to a story on Fox Business, JAB Holding has been actively pursuing food, retail and consumer product companies recently including the $13.9 billion acquisition of Keurig, the single serve coffee machine maker. JAB Holding&#8217;s coffee division also includes Caribou Coffee Co., Peet's Coffee &amp; Tea, and Danish coffee-bar chain Baresso Coffee A/S. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">The deal, which has no financing conditions, is expected to close in the third quarter.</span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">To read the original story, click <a href="http://www.foxbusiness.com/markets/2016/05/09/krispy-kreme-to-be-acquired-by-jab-beech-for-21-per-share-in-cash.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=krispy-kreme-to-be-acquired-by-jab-holding-for-135-billion-4542" target="_blank" rel="nofollow" target="_blank">here</a>.</span></div>

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Doughnut and coffee icon will continue to be independently operated out of Winston-Salem, N.C. headquarters

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