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Owners of 8-unit bakery chain La Boulangerie and 28-unit Garbanzo Mediterranean Fresh have acquired 6-unit Loving Cup, a dessert concept based in San Francisco. <a href="https://www.nrn.com/emerging-chains/la-boulangerie-acquires-loving-cup?utm_source=1851franchise.com&utm_medium=article&utm_campaign=la-boulangerie-acquires-loving-cup-2708016" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">According to an article in Nation&rsquo;s Restaurant News</a>, James Park and Michael Staenberg, in partnership with Nicolas Bernadi and Pascal Rigo, made the acquisition because Loving Cup, popular for its frozen yogurt, was well-aligned with the niche brands in their&nbsp;portfolio.

&ldquo;We bought Loving Cup because it fits nicely into our strategy of curating intimate, local brands that are very aspirational and we believe [have] a lot of ability to expand with a healthy footprint and strong unit-level economics,&rdquo; Park said, adding, &ldquo;We thought there was wonderful opportunity to curate these brands that we believe have a lot of growth potential and leverage the talent across all these brands.&rdquo;

La Boulangerie became a household name when Starbucks acquired the brand for $100 million in 2012, only to shut them down in 2015, selling five units back to Bernadi and Rigo. 

Read the full story <a href="https://www.nrn.com/emerging-chains/la-boulangerie-acquires-loving-cup?utm_source=1851franchise.com&utm_medium=article&utm_campaign=la-boulangerie-acquires-loving-cup-2708016" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>. 

Photo courtesy of&nbsp;<a href="https://www.facebook.com/lovingcupsf/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=la-boulangerie-acquires-loving-cup-2708016" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Loving Cup&rsquo;s Facebook page</a>.

Loving Cup, La Boulangerie, Garbanzo Mediterranean Kitchen, acquisition

La Boulangerie Acquires Loving Cup

1851 Franchise

The San Francisco-based bakery chain is adding the local dessert concept to its portfolio of niche brands.

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La Boulangerie Acquires Loving Cup

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