10.05.2016

Cobepa acquires a minority stake in Le Pain Quotidien

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Le Pain Quotidien, the Belgian full-service restaurant, bakery and takeaway concept, today announced that it has welcomed the investment company Cobepa in its shareholder base alongside historical investors to help achieve the next phase of growth. Cobepa will take a minority stake of 30% in Le Pain Quotidien.

Founded in 1990 in Brussels, Belgium,  and currently based in New-York, U.S.A., Le Pain Quotidien has witnessed a strong expansion and is now present in 19 countries across all continents with 237 stores at year-end 2015 through a mix of company-owned and franchised stores.

In April 2016, Le Pain Quotidien welcomed Cobepa as a new shareholder alongside its historical partners for a minority stake of 30%.

Cobepa S.A.

Cobepa S.A.
Rue de la Chancellerie 2, box 1
1000 Brussels
Belgium
Tel: 
+ 32 2 213 32 10
Fax: 
+ 32 2 513 17 02

Cobepa North America Inc.

Cobepa North America Inc.
Tower 49
12 East 49th Street
New York, NY 10017
United States
Tel: 
+1 (646) 679 5177