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The purchase from Panera Bread includes $60 million in assets and was finalized June 29 Yum Brands and 7-Eleven franchisee Ampex Brands announced Wednesday the acquisition of bakery-café chain Au Bon Pain from JAB Holding-owned Panera Bread. The deal was finalized on June 29 and includes approximately $60 million in assets, as first reported by the Wall Street Journal. Ampex Brands acquired all 171 locations of the bakery-café chain, along with the franchising rights to an additional 131 locations, and the deal is expected to grow the newly minted franchisor’s annual revenue by 10%. Ampex Brands already owns and operates more than 400 locations of Pizza Hut, KFC, Taco Bell, Long John Silver’s and 7-Eleven stores.

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