Au Bon Pain’s owner buys Bellagreen
Impression courtesy of Bellagreen
Ampex Makes evidently likes brand name ownership.
The franchisee of Yum Brands and 7-Eleven, which acquired the Au Bon Pain chain a 12 months in the past, has built its second deal for a thought with the acquisition of the eight-unit bistro idea Bellagreen.
Ampex finalized the deal for the chain before this week. Bellagreen operates locations in Dallas and Houston. “From the initial time we set foot in a Bellagreen, we realized it would be the fantastic addition to the Ampex spouse and children,” Ampex CEO Tabbassum Mumtaz said in a assertion. He stated Bellagreen is “pioneering a new route for the rapid-everyday marketplace.” He also vowed to introduce the manufacturer “to each and every important city in the U.S.”
Bellagreen will hold some crucial executives, which includes Director of Culinary Silvestre Reyes and Regional Operator Erik Bednar. Ampex CFO Eric Easton and VP of Expansion and Technique Sameer Mumtaz will participate in integral roles in the strategic direction and functions for the chain.
Ampex reported that it has tripled catering income at Au Bon Ache given that attaining the manufacturer and explained it has new places proposed for 2022. Easton in a assertion explained he expects “a smooth transition” at Bellagreen.
It is the most current youthful expansion concept to obtain a new proprietor, immediately after the sale earlier this thirty day period of Slapfish to Mac Haik Enterprises. Hargett Hunter Capital Companions obtained a greater part stake in Bellagreen in 2016, when the chain experienced 5 locations. Its menu features a vary of sandwich, salad, pizzas and other entrees along with beer and wine. It also has a commitment to sustainability.
Mumtaz launched the Richardson, Tex.-based mostly Ampex Makes in 2005. The enterprise operates far more than 500 places in fast-foodstuff and advantage retail store enterprises.
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