Dunkin' Brands
| Company type | Public |
|---|---|
| Industry | Restaurant holding company |
| Founded | 2004 |
| Fate | Acquired by Inspire Brands |
| Headquarters | Canton, Massachusetts , United States |
| Products | Dunkin' Donuts, Mister Donut, Baskin-Robbins |
| Parent | Inspire Brands (from 2020) |
Dunkin' Brands Group, Inc. was a U.S.-based restaurant holding enterprise managing three fast-food franchises: Dunkin' Donuts, Mister Donut, and Baskin-Robbins. Its headquarters were located in Canton, Massachusetts, and in 2020, it became part of Inspire Brands through acquisition.
Allied-Lyons
In 1973, the British food corporation J. Lyons & Co. purchased Baskin-Robbins from United Brands. After merging with Allied Breweries in 1978 to create Allied-Lyons, the company expanded its portfolio by acquiring both Dunkin' Donuts and Mister Donut in 1990.
Allied Quick Service Restaurants
Allied-Lyons merged with Pedro Domecq S.A. in 1994, forming Allied Domecq, which consolidated its quick-service restaurant operations under Allied Domecq Quick Service Restaurants. The addition of Togo's in 1997 further broadened the brand lineup.
Dunkin' Brands
The entity known as Allied Domecq Quick Service Restaurants was rebranded as Dunkin' Brands, Inc. in 2004. On December 12, 2005, Pernod Ricard divested Dunkin' Brands to a private equity group consisting of Bain Capital, The Carlyle Group, and Thomas H. Lee Partners for $2.425 billion. Subsequently, the company adopted the name Dunkin' Brands Group, Inc.
On November 30, 2007, Togo's was sold by Dunkin' Brands to Mainsail Partners along with Tony Gioia, a former president of Baskin-Robbins.
Dunkin' Brands launched its initial public offering in July 2011 and began trading on the NASDAQ Global Select Market under the ticker "DNKN". By August 2012, the company had fully exited private equity ownership.
In October 2017, Dunkin' Brands declared a $100 million commitment to upgrade U.S. Dunkin’ Donuts stores and initiated trials of a rebrand to simply Dunkin in select regions to boost brand appeal.
On July 30, 2020, due to pandemic-induced sales downturns primarily impacting convenience store locations such as Speedway, Dunkin' Brands revealed plans to shutter approximately 800 outlets by year-end.
Acquisition discussions between Dunkin' Brands and private equity-backed Inspire Brands began in October 2020. The transaction valued Dunkin' at about $8.8 billion with shares offered at a 20% premium. On October 30, 2020, Inspire Brands agreed to purchase Dunkin' Brands in an $11.3 billion deal including debt assumption. The acquisition finalized on December 15, 2020, folding Dunkin', Baskin-Robbins, and Mister Donut into Inspire’s portfolio and concluding Dunkin' Brands’ existence as an independent company.
Subsidiaries
External links
- Official website (archived April 25, 2020)