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'{{short description|U.S. restaurant company}} {{Infobox company | name = Dunkin' Brands Group, Inc. | logo = Dunkin' Brands logo 2019.jpg | type = [[Public Company|Public]] | traded_as = {{NASDAQ was|DNKN}}<br>[[S&P 400|S&P 400 Component]] | genre = | fate = Acquired by [[Inspire Brands]] | foundation = 2004 | founder = | defunct = December 15, 2020 | location = [[Canton, Massachusetts]], United States | area_served = Worldwide | industry = [[Fast food restaurant]]s | products = | services = | market cap = | revenue = {{Increase}} {{US$|link=yes}}860.5 million <small>(2017)</small><ref name=10k>{{cite web|url=https://finance.yahoo.com/quote/DNKN/financials?p=DNKN|title=filing|publisher=[[Dunkin´ Brands Group Inc.]]}}</ref> | operating_income = {{Increase}} {{US$|link=yes}}447 million <small>(2017)</small><ref name=10k/> | net_income = {{Increase}} {{US$|link=yes}}195.576 million <small>(2016)</small><ref name=10k/> | assets = {{Increase}} {{US$|link=yes}}3.227 billion <small>(2016)</small><ref name=10k/> | equity = {{Increase}} {{US$|link=yes}}-163.258 million <small>(2016)</small><ref name=10k/> | num_employees = 1,163 <small>(2016)</small><ref name=10k/> | key_people = [[Nigel Travis]]<br>{{small|(Executive Chairman)}}<br>David Hoffmann<br>{{small|(CEO)}} | parent = [[Inspire Brands]] | divisions = | subsid = [[Dunkin' Donuts|Dunkin']]<br>[[Baskin-Robbins]]<br> [[Mister Donut]] | homepage = [http://www.dunkinbrands.com Dunkin' Brands] | footnotes = | intl = }} [[File:Dunkin Brands headquarters.jpg|thumb|right|Dunkin' Brands headquarters]] [[File:Dunkin Brands headquarters sign.jpg|thumb|right|Welcome sign at Dunkin' Brands headquarters]] '''Dunkin' Brands Group, Inc.''' was an American restaurant holding company which runs three chains of [[fast food|fast-food restaurants]]: [[Dunkin' Donuts]], [[Mister Donut]], and [[Baskin-Robbins]]. It is headquartered in [[Canton, Massachusetts]].<ref>"[http://www.baskinrobbins.com/About/Contact.aspx Contact Us]." ''[[Baskin-Robbins]]''. Retrieved on January 14, 2010.</ref> ==History== ===Allied-Lyons=== In 1973, British food company J. Lyons and Co. purchased [[Baskin-Robbins]] from [[Chiquita Brands International|United Brands]]. J. Lyons and Co. then merged with Allied Breweries, becoming Allied-Lyons in 1978. In 1990, Allied-Lyons acquired [[Dunkin' Donuts]] and [[Mister Donut]]. ===Allied Quick Service Restaurants=== In 1994, Allied-Lyons merged with Pedro Domecq S.A., becoming [[Allied Domecq]]. The restaurant operations were merged under a subsidiary named Allied Domecq Quick Service Restaurants. In 1997, [[Togo's]] was acquired by Allied Domecq.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/allied-domecq-to-acquire-togos-eateries-compliments-baskin-robbins-and-dunkin-donuts-brands-74753467.html|title=Allied Domecq to Acquire Togo's Eateries; Compliments Baskin-Robbins and Dunkin' Donuts Brands|first=Allied Domecq|last=PLC|website=www.prnewswire.com|accessdate=3 April 2018}}</ref> ===Dunkin' Brands=== In 2004, Allied Domecq Quick Service Restaurants was renamed '''Dunkin' Brands, Inc.'''. On December 12, 2005, [[Pernod Ricard]], which had just taken control of [[Allied Domecq]], announced the sale of Dunkin' Brands to a consortium of [[Private equity|private equity firms]] consisting of [[Bain Capital]], [[The Carlyle Group]] and [[Thomas H. Lee Partners]] for $2.425 billion in cash.<ref>{{cite web|url=http://www.thl.com/newsroom/press-release?year=2005&id=1528|title=Dunkin' Brands to Work with New Private Equity Owners to Continue Aggressive Growth Plans - Thomas H. Lee Partners|website=www.thl.com|accessdate=3 April 2018}}</ref> Dunkin' Brands, Inc. was renamed '''Dunkin' Brands Group, Inc.''' after the transaction. On November 30, 2007, Dunkin' Brands sold Togo's to Mainsail Partners, a San Francisco-based private equity firm, in partnership with Tony Gioia, a former president of Baskin-Robbins.<ref>{{cite web|url=http://articles.latimes.com/2007/dec/04/business/fi-briefs4.s5|title=Dunkin' Brands sells Togo's chain|first=From Times Wire|last=Services|date=4 December 2007|publisher=|accessdate=3 April 2018|via=LA Times}}</ref><ref>{{cite web|url=http://www.prnewswire.com/news-releases/dunkin-brands-to-divest-togos-56584482.html|title=Dunkin' Brands to Divest Togo's|first=Dunkin' Brands|last=Inc.|website=www.prnewswire.com|accessdate=3 April 2018}}</ref> In July 2011, Dunkin' Brands completed its [[initial public offering]] and became listed on the [[NASDAQ]] Global Select Market (NASDAQ-GS [[large cap]]) under the symbol "DNKN". In August 2012, Dunkin' Brands became completely independent of the private equity firms.<ref>{{cite web|title=As Private Equity Cashes Out, What's Next for DNKN?|url=http://www.ddifo.org/?p=7664|accessdate=16 January 2013}}</ref> In October 2017, Dunkin' Brands announced the company would be investing $100 million in United States locations of Dunkin’ Donuts’. The company also said they are considering a name change to the shortened Dunkin'. The name change is being tested in a California location and a new store in [[Quincy, Massachusetts]].<ref>{{cite news |last=Goodison |first=Donna |url=http://www.bostonherald.com/business/business_markets/2017/10/dunkin_donuts_sweetens_brand |title=Dunkin' Donuts sweetens Brand |work=[[Boston Herald]] |date=2017-10-27 |accessdate=2017-10-27 }}</ref> On July 30, 2020 the organization announced it would permanently close 800 of its donut and coffee shops by the end of the year due to a sales slump caused by the [[Impact of the COVID-19 pandemic on the restaurant industry in the United States|coronavirus pandemic]].<ref>{{Cite web|last=Morona|first=Joey|last2=|last3=|date=2020-07-30|title=Dunkin’ to close up to 800 stores in the U.S. by the end of the year|url=https://www.cleveland.com/entertainment/2020/07/dunkin-to-close-up-to-800-stores-in-the-us-by-the-end-of-the-year.html|url-status=live|archive-url=|archive-date=|access-date=2020-07-31|website=cleveland|language=en}}</ref> Dunkin' Brands reported in October 2020 that negotiations were being held with the private equity-backed company [[Inspire Brands]] for Inspire to acquire the company. The potential deal includes Dunkin' Brands private stocks would be sold at $106.50 a share, a 20 percent premium over the closing prices reported on the 23rd of October, implying that the company is being evaluated at around $8.8 billion. A statement released by Dunkin' claimed that "there is no certainty that any agreement will be reached" as well that no further comments will be released until an agreed upon transaction is found.<ref>{{Cite news|last=Hirsch|first=Lauren|date=2020-10-25|title=Dunkin’ Brands Is in Talks to Sell Itself and Go Private|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/10/25/business/dealbook/dunkin-brands-sale-private-equity.html|access-date=2020-10-30|issn=0362-4331}}</ref> Shares of the Dunkin' Brand have reportedly risen 33% in 2020 because of the possible Inspire Brands' deal.<ref>{{Cite news|last=Haddon|first=Heather|date=2020-10-29|title=Dunkin’ Closes Stores as Deal Talks Continue|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/dunkin-closes-stores-as-deal-talks-continue-11603980651|access-date=2020-10-30|issn=0099-9660}}</ref> On October 30, 2020, Dunkin' Brands announced that it will be acquired by Inspire Brands in a transaction valued at $11.3 billion including the assumption of Dunkin' Brands debt. The deal closed on December 15.<ref>{{cite web|url=https://www.cnbc.com/2020/10/30/inspire-brands-to-buy-dunkin-brands-group-for-11point3-billion-including-debt.html|title=Inspire Brands to acquire Dunkin' Brands in $11.3 billion transaction|first=|last=|work=Dunkin' Brands|date=October 30, 2020|accessdate=November 2, 2020}}</ref> <ref>{{Cite web|date=2020-12-15|title=Inspire Brands Completes Acquisition of Dunkin’ Brands|url=https://www.businesswire.com/news/home/20201215005741/en/Inspire-Brands-Completes-Acquisition-of-Dunkin%E2%80%99-Brands|access-date=2020-12-15|website=www.businesswire.com|language=en}}</ref> ==Subsidiaries== * [[Baskin-Robbins]] * [[Dunkin' Donuts|Dunkin']] * [[Mister Donut]] ==References== {{reflist}} ==External links== * [http://www.dunkinbrands.com/ Dunkin' Brands official website] {{Carlyle Group}} {{SPC Group}} [[Category:Dunkin' Brands| ]] [[Category:Food and drink companies of the United States]] [[Category:Fast-food chains of the United States]] [[Category:Holding companies of the United States]] [[Category:Restaurant groups in the United States]] [[Category:Companies based in Norfolk County, Massachusetts]] [[Category:Canton, Massachusetts]] [[Category:Holding companies established in 2004]] [[Category:American companies established in 2004]] [[Category:2011 initial public offerings]] [[Category:Companies formerly listed on NASDAQ]] [[Category:2020 mergers and acquisitions]] [[Category:Inspire Brands]]'