Inspire to acquire Dunkin’ brands for $11.3 billion
Adds iconic Dunkin’ and Baskin-Robbins brands to Inspire’s portfolio, which includes Arby’s, Buffalo Wild Wings, SONIC Drive-In, and Jimmy John’s.
Inspire Brands has made a major leap in its efforts to become a fast food giant with the $11.3 billion acquisition of Dunkin’ Brands Group Inc.
The definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash. The deal represents one of the biggest acquisitions in the history of the restaurant industry.
Currently there are more than 12,500 Dunkin' and almost 8,000 Baskin-Robbins restaurants around the world. Following the completion of the transaction, Dunkin’ and Baskin-Robbins will be operated as distinct brands within Inspire.
“Dunkin’ and Baskin-Robbins are category leaders with more than 70 years of rich heritage, and together they are two of the most iconic restaurant brands in the world,” said Paul Brown, Co-founder and Chief Executive Officer of Inspire Brands. “By joining Inspire, these brands will add complementary guest experiences and occasions to our current portfolio.”
Inspire is a multi-brand restaurant company with a current portfolio that includes more than 11,000 Arby’s, Buffalo Wild Wings, SONIC Drive-In, and Jimmy John’s restaurants worldwide.
Related contents
Discuss