New boss takes over at Dunkinâ as Canton company changes hands
Scott Murphy will lead the coffee shop and ice cream chains, now part of Inspire Brands
By Jon Chesto Globe Staff,Updated December 15, 2020, 5:07 p.m.
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Dave Hoffmann (right), is the former chief executive of Dunkin Brands.Alex Brandon/Associated Press
Thereâs a new boss in charge at Dunkinâ and Baskin-Robbins, now that the Canton-based chains have been acquired by a privately owned restaurant group based in Atlanta.
Inspire Brands, the Roark Capital-backed restaurant conglomerate, said Tuesday that it had completed the $11.3 billion acquisition of Dunkinâ Brands. That price tag, announced on Oct. 30, includes the equity Inspire has acquired, as well as the Dunkinâ debt. The deal ended a nine-year run for Dunkinâ Brands as an independent, publicly traded company.
Inspire Brands, Inc. announced the completion of its $11.3 billion acquisition of Dunkinâ Brands Group, Inc.
With the addition of Dunkinâ and Baskin-Robbins, Inspire now encompasses nearly 32,000 restaurants across more than 60 countries generating $26 billion in annual system sales, making it the second-largest restaurant company in the U.S. by both system sales and locations. Inspireâs family of brands includes Arbyâs, Baskin-Robbins, Buffalo Wild Wings, Jimmy Johnâs, Rusty Taco, and SONICÂ Drive-In.
The acquisition of Dunkinâ Brands furthers Inspireâs goal of bringing together a family of highly differentiated and complementary brands. Both Dunkinâ and Baskin-Robbins will benefit by leveraging the capabilities and best practices of Inspireâs shared services platform. Additionally, both brands will also benefit Inspire by adding a highly talented team, strong franchise network, large and loyal customer base, scaled international plat
Inspire Brands completes purchase of Dunkin’ Brands Group for $11.3 billion With the acquisition of the Dunkin’ and Baskin-Robbins brands on Tuesday, Inspire Brands now encompasses almost 32,000 restaurants globally
Inspire Brands Inc. announced Tuesday that the Arby’s, Buffalo Wild Wings, Sonic Drive-In, Jimmy John’s and Rusty Taco parent company has completed its acquisition of Dunkin’ Brands Group for $11.3 billion (or $106.50 a share) as previously announced in October. With the acquisition of Dunkin’ Brands Group (including Dunkin’ and Baskin-Robbins stores), Inspire Brands is now the second-largest foodservice company in the U.S. by locations and sales, totaling nearly 32,000 restaurants in 60 countries globally, with $26 billion in sales.
Former Dunkin’ Brands CEO Dave Hoffmann will serve as “Senior Advisor” and report to Brown. He’ll help navigate the integration process, Inspire said. Scott Murphy, formerly Dunkin’ Americas president, will assume the role of Head of the Inspire Beverage-Snack Category, as well as president of Dunkin’. He’ll report to Brown, too.
SVP of Baskin-Robbins U.S. and Canada, Jason Maceda, is shifting to president of Baskin-Robbins, where he’ll report to Murphy. Both will join the Inspire executive team.
In accordance with the merger agreement, Raul Alvarez, Linda Boff, Irene Chang Britt, Anthony DiNovi, Michael Hines, Hoffmann, Mark Nunnelly, Roland Smith, Carl Sparks, and Nigel Travis resigned from the board of directors.
Forest rangers with the state Department of Environmental Conservation responded to three search-and-rescue missions in the past week for lost people in the Adirondack wilderness. Two were found cold but alive, but one hunter was found dead near the southern Adirondack boundary.
Hunter didnât make it
On Friday, Dec. 4, at 9 p.m., DECâs Ray Brook dispatch received a call from a member of a hunting camp in the Sander Road area of the Fulton County town of Bleecker, advising that a 45-year-old hunter from Scotia was overdue from an afternoon hunt.
Forest Rangers Ian Kerr and Gary Miller responded to investigate and search the area. The rangers searched throughout the night and located tracks and personal items left by the hunter, but could not locate the subject.