Transaction news Le Pain Quotidien

Le Pain Quotidien is a leading player in the fast casual sector with a differentiated customer experience and food offering.

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10 May '16

Cobepa acquires a minority stake in Le Pain Quotidien

Le Pain Quotidien, the Belgian full-service restaurant, bakery and takeaway concept, today announced that it has welcomed the investment company Cobepa in its shareholder base alongside historical investors to help achieve the next phase of growth. Cobepa will take a minority stake of 30% in Le Pain Quotidien.

Founded in 1990 in Brussels, Belgium, and currently headquartered in New-York, U.S.A., Le Pain Quotidien has witnessed a strong expansion and is now present in 19 countries across all continents with 237 stores at year-end 2015 through a mix of company-owned and franchised stores.

In April 2016, Le Pain Quotidien welcomed Cobepa as a new shareholder alongside its historical partners for a minority stake of 30%.