Home / Business / JAB Holdings: Family Reimann, who owns Krispy Kreme and Panera Bread, admits the Nazi past

JAB Holdings: Family Reimann, who owns Krispy Kreme and Panera Bread, admits the Nazi past

Peter Harf, who heads the JAB Holding Co. of the Reimann family, was shown in Berlin in 2016. (Soeren Stache / DPA / AP)

The German family, whose holding company holds control shares in companies such as Krispy Kreme Donuts, Panera Bread, Pret a Manger and Einstein Bros. Bagels owns, according to a bomb profited from the horrors of the Nazi regime report in a German newspaper.

The tabloid Bild, one of the most popular newspapers in Germany, reported that Albert Reimann Senior and Albert Reimann Jr., whose family supports JAB Holdings, had significant ties to the Third Reich.

JAB Holdings is a privately owned conglomerate that invests in a broad portfolio of global companies including Peet & s Coffee, Keurig Green Mountain and Dr. Ing. Pepper-Snapple. In 2014, she acquired the Einstein Noah Restaurant Group, which includes three national bagel chains – Einstein Bros., Noah's New York Bagels and Manhattan Bagel.

The report found that Russian civilians and French prisoners of war were used as forced laborers in the US Factories and private villas of the family around the Second World War, as they were active in the chemical industry mainly for the food industry, said the German wave.

"It's all true," says family spokesman Peter Harf, one of the two managing partners of JAB Holdings, Bild said. "Reimann Senior and Reimann Junior were to blame. The two men died, but they actually belonged to the prison.

The two men died in 1954 and 1984, respectively.

Other information in the report contained revelations that the two men were anti-Semites and avowed supporters by Adolf Hitler, and Reimann Sr. donated already in 1933 to the paramilitary SS troop

Reimann Jr. complained to the Lord Mayor of Ludwigshafen, where the family had an industrial chemicals company, namely the French prisoners of war did not work hard enough, reported Deutsche Welle.

The report recalls that Some private companies, which reject moral and human rights concerns, can benefit from the repression of fascist regimes Many German companies have reckoned with the history of cooperation with the Nazi regime, including Hugo Boss, Mercedes-Benz, BMW and others.

Harf said opposite picture that the company after learning the family about 11 million dollars for charity wants to provide history, the AFP reported. He said that the family had dealt with their past and commissioned a historian, Paul Erker from the University of Munich, to study his links to the Nazi regime in 2014, a work that has not been completed after more than four years. Harf said the family plans to release more information about this study when it's done.

In an e-mail, Erker confirmed that he is investigating the history of the company in the Nazi era.

"It's also a big story in the industry, but forced labor is a key issue," said Erker. "The mandate includes absolute scientific independence and unrestricted access to files, including the Benckiser archive and family records. I ask for your understanding that I can not comment on the details and results of the ongoing project. "

JAB Holdings was founded in the 1820s by Johan A. Benckiser according to the findings of CB and now serves as an" investment vehicle "for the Reimann family.

According to CB Insights, it holds shares in companies behind brands such as Mucinex, Woolite and Durex Condoms and is the majority shareholder of the beauty company Coty. In recent years, aggressive expansion has attracted attention beyond the household goods world, especially in the world of coffee and baked goods. It has reportedly spent more than $ 40 billion on the acquisition of brands such as Peet's Coffee, Caribou Coffee and Keurig Green Mountain, Stumptown Coffee Roasters and Intelligentsia.

The Reimann family, which has repeatedly been described in the news as "mysterious", has done so, estimated assets of about 33 billion euros, or about 37 billion US dollars, according to the AFP and is considered the second richest in Germany. JAB Holdings did not respond to a request for comment.

Erker said he did not have a precise date on which to submit his report.

According to the AFP, the company employed 175 forced laborers and produced items for the Nazi military and arms industries. The company has not compensated any of the forced laborers, "but we have since talked about what we can do now," said Harf. "We want to do more and donate ten million euros to a suitable organization." He said

Luisa Beck contributed to this report.

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