Le Pain Quotidien

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

Sector Others
Ownership Minority
Turnover EUR 57 M (2020)
Date of acquisition 04/2016

Dedicated team

Contact information

www.lepainquotidien.com

Address

Avenue du Port 86C, 103B
1000 Bruxelles
Belgique

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 200 stores through a mix of owned stores and franchises, has a worldwide presence which proves the robustness of its concept.

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 deep roots uses 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.

Minority Partner

During 2020, Le Pain Quotidien endured a period of major changes with the Covid-19 pandemic forcing restaurant closures across all major markets. In July 2020, the Group was restructured resulting in the spin-off of Belgian and French stores, the LPQ brand, the franchise business and a selection of best-performing UK stores into a new entity. The remaining part of the Group and the US territory has been franchised. Following this reorganization, Cobepa retained a minority stake in the new entity alongside M80, the new majority shareholder.