Sector
Restaurant
Since
April 2016
Turnover
USD 269 m (2019)
Ownership
29%
Cobepa team
Contact
Rue de la Victoire 1
1060 Brussels
Belgium
1060 Brussels
Belgium
Le Pain Quotidien
Founded in 1990 in Brussels, Belgium, Le Pain Quotidien blends elements of a casual restaurant and a grab-and-go service, operating both as a restaurant and a bakery. The Company’s network of more than 190 stores through a mix of owned stores and franchises, has a worldwide presence which proves the robustness of its concept.
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Unique and proven concept
Le Pain Quotidien is a leading player in the Fast Casual sector with a differentiated customer experience and food offering. Its essence is to serve high-quality, healthy food in an authentic, convivial and rustic environment. This proven concept with profound roots uses the bread as the centerpiece of its fresh offering.
The Company has shown over the year its ability to develop its concept in diverse locations, through a company-owned and franchise model and has now more than 190 stores worldwide across five continents. Headquartered in New York, US, and employing more than 2,500 people, Le Pain Quotidien has all the elements of a solid business model backing its future growth.
Minority Partner
In April 2016, Le Pain Quotidien welcomed Cobepa as a new shareholder alongside its historical partners for a minority stake of 30%. Following LPQ's reorganization in July 2020, Cobepa kept its minority stake alongside M80, the Group's new majority shareholder.