Le Duff America
In March 2011, Groupe Le Duff, a French restaurant group, acquired the Bruegger's chain and its subsidiaries from the investment group Sun Capital Partners, earning Sun Capital a return of 36% per year on its investment and making Groupe Le Duff the second largest bakery café group in the world. Greco was named the CEO of the company's American restaurant holdings, under the name Le Duff America, headquartered in Burlington, Vermont; Dallas, Texas; and Toronto, Canada. Today, Le Duff America is the parent company of the restaurant chains Bruegger's, La Madeleine, Brioche Dorée, Timothy's World Coffee, Michel's Bakery Café, mmmuffins, as well as several others. The group, under Greco, ran nearly 600 restaurants and annually saw about $450 million in revenue. In December 2011, Greco announced he would be leaving the company at the end of the year to pursue other opportunities.
Read more about this topic: James J. Greco
Famous quotes containing the words duff and/or america:
“Why do you wear your hair like a man,”
—Henry Duff Traill (18421900)
“When I think of him, and his six sons, and his son-in-law, not to enumerate the others, enlisted for this fight, proceeding coolly, reverently, humanely to work, for months if not years, sleeping and waking upon it, summering and wintering the thought, without expecting any reward but a good conscience, while almost all America stood ranked on the other side,I say again that it affects me as a sublime spectacle.”
—Henry David Thoreau (18171862)