Is it a case of life imitating a silly spy movie parody? The Carlyle Group, in a joint venture with Bain Capital Partners and Thomas H. Lee Partners, is acquiring Dunkin’ Donuts from the French company Pernod Ricard for $2.4 billion dollars.
Remember how Starbucks was Dr. Evil’s shadow corporation in “Austin Powers: The Spy Who Shagged Me?” The Carlyle Group is a consortium of former world leaders and inside-the-beltway billionaires. I didn’t know dealing in donuts was such a good deal. Do I detect a whiff of world domination here?
Dunkin’ Donuts currently has 6,500 branches, mostly in the Northeast and Mid-Atlantic. Carlyle and its cohorts plan to expand Dunkin’s presence across the country and market it as a cheaper alternative to Starbucks. If all those latte drinking liberals want to pay extra for coffee cups with controversial slogans, let ‘em. Dunkin’ Donuts will be laughing all the way to the World Bank.
Anthony DiNovi, co-president of Thomas H. Lee Partners, told the New York Times "Dunkin’ is so much more than a doughnut company." Apparently, it’s also a slayer of small businesses; DiNovi noted that both Dunkin’ Donuts and Starbucks "are continuing to take share from mom-and-pop coffee shops."
I’ll be the first to admit that Dunkin’ Donuts does brew a consistently good cup of coffee. But will it leave a bitter aftertaste to know you’re supporting a company that’s wallowing in warbucks? I don’t know about you, but I hate the smell of corporatocracy in the morning.
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Ok I know I should not be pleased about this, but I cannot help myself. The thought of Dunkin Donuts in the Midwest… those little donut holes by the dozen… I love it!
...who would have thought that little round balls of dough could be a double-edged sword?
Yummy
What you all seem to be overlooking is that a great american conglomerate is reqacquiring a quintessential american icon (really fattening unhealthy junk food) from those darn French semi communist uncooperative anti american food elitists kinda conglomerate. If the Carlyle group can drive a stake into the heart of this french invasion of things that outta be ours anyway, then I’m all for it. My only question is that there aran’t any Saudis involved with Carlyle are there?