has 60 units domestically. Le Duff plans to "Francify" some Bruegger's locations and will combine other units with Brioche Dorée outlets. The first European Bruegger's opened in Rennes in 2013 (Paris and Toulouse in 2015). In December 2011, James J. Greco announced he would be stepping down as CEO at the end of the year to pursue other opportunities. On August 24, 2017, it was announced that Bruegger's owner Le Duff America announced that Caribou and its privately held owner JAB Holdings had agreed to buy the bagel chain. The terms of the deal, which closed at the end of September, were not disclosed. In December 2017 Bruegger's closed 30 locations, primarily in Eastern markets. In April 2018, Threecaf Brands sold Timothy's World Coffee and mmmuffins to Canadian company MTY Food Group for $1.7 million, of which $1.2 million was in cash, $0.2 million in assumed liabilities, and $0.3 million as a holdback. Subsidiaries Michel's Bakery Café Michel's Bakery Café, formerly named Michel's Baguettes, is a Canadian bakery-café founded in 1980, operating restaurants throughout Canada. The company is one of the largest bakery-café chains in Canada and operates both corporate and franchise locations. The company was purchased by Timothy's Coffees of the World Inc. in 2001. Timothy's continued to operate the Michel's Bakery Café stores under their original trade name, Michel's Baguette. On November 13, 2009, Michel's Baguette was sold to Bruegger's Enterprises, Inc. along with Timothy's Coffee and mmmuffins through a wholly owned subsidiary called ThreeCaf Brands Canada Inc. Bruegger's has continued to operate these chains. The company has since revitalized its operations, revamped its aesthetics and changed its name to Michel's Bakery Café. World record On August 27, 2004, Bruegger's created the world's largest bagel, which currently holds the Guinness World Record. The bagel weighed and required of dough, of water, and 10 hours of baking. It was cooked at the New York State Fair and was sliced and served to onlookers, who were encouraged to make donations to benefit local food banks. See also Fast casual restaurant List of bakery cafés References External links American subsidiaries of foreign companies Bagel companies Bakeries of the United States Bakery cafés Fast casual restaurants American companies established in 1983 Restaurants established in 1983 Food and drink companies based in Vermont Restaurant franchises 1983 establishments in New York (state) 1996 mergers and acquisitions 2003 mergers and acquisitions 2011 mergers and acquisitions