Company Directory - JAB Holding Company
Company Details - JAB Holding Company
JAB Holding Company
WebsiteLuxembourg City, Luxembourg
JAB Holding Company is a private equity firm focused on acquiring companies in consumer-driven sectors. It has notably invested in veterinary practices and pet care-related businesses, leveraging its capital to support growth in these markets.
CCI Score
CCI Score: JAB Holding Company
-49.05
0.02%
Latest Event
Senators Investigate JAB Holding Company over Transparency in Pet Care Practices
U.S. Senators Elizabeth Warren and Richard Blumenthal sent a follow-up letter to JAB Holding Company demanding detailed disclosure of financial and operational information related to its pet care acquisitions. The inquiry centers on issues such as shareholder dividends, pricing practices, and potential market abuses that could harm workers, independent veterinary clinics, and pet owners.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
QUISLING
JAB Holding Company is currently rated as a Quisling.
Latest Events
- NOV192024
U.S. Senators Elizabeth Warren and Richard Blumenthal sent a follow-up letter to JAB Holding Company demanding detailed disclosure of financial and operational information related to its pet care acquisitions. The inquiry centers on issues such as shareholder dividends, pricing practices, and potential market abuses that could harm workers, independent veterinary clinics, and pet owners.
-60
Business Practices and Ethical Responsibility
March 29
JAB Holding Company's failure to promptly provide transparent financial data regarding its pet care investments raises serious concerns about its ethical business practices. This lack of transparency is seen as undermining worker rights and leading to potential exploitation in pricing and market consolidation.
-40
Economic and Structural Influence
March 29
The inquiry into JAB’s practices highlights concerns about economic and structural influence. Corporate consolidation in the pet care sector may enable market power abuses, such as higher prices and restrictive practices that negatively affect independent veterinary practices and consumers.
- NOV182024
On November 18, 2024, Senators Elizabeth Warren and Richard Blumenthal issued a letter raising concerns about JAB Holding Company's role in acquiring veterinary practices. The letter alleges that such acquisitions are part of a broader trend in private equity that pressure veterinary workers, use restrictive noncompete agreements, reduce quality of care, and contribute to rising costs for pet owners.
- SEP102024
Senator Elizabeth Warren, along with other critics, has raised concerns about JAB Holding Company's strategy of acquiring and consolidating veterinary practices. The consolidation is said to drive up prices, degrade the quality of care, and foster exploitative labor conditions, ultimately putting profit over patient and worker welfare.
-50
Public and Political Behavior
March 29
The public and political backlash—exemplified by Senator Warren's letter—highlights the negative implications of JAB Holding Company's actions. Their consolidation strategy is inviting political scrutiny and contributes to an environment where corporate profit is prioritized over public welfare.
-70
Business Practices and Ethical Responsibility
March 29
JAB Holding Company's aggressive approach to consolidating veterinary practices exemplifies problematic business practices. This private equity-driven model prioritizes profit over client care and worker rights, leading to increased prices and stressful working conditions among veterinary staff.
- AUG072024
Senators Elizabeth Warren and Richard Blumenthal have criticized JAB Holding Company for its aggressive acquisition and consolidation of veterinary practices. They argue that this strategy has raised costs for pet owners, diminished the quality of care, and worsened working conditions for veterinarians. The FTC has intervened by ordering divestitures in concentrated markets.
-70
Business Practices and Ethical Responsibility
March 29
JAB Holding Company's practices of consolidating veterinary practices have led to higher prices, reduced quality of care, and deteriorating working conditions. This approach, driven by profit motives, undermines ethical business practices and consumer welfare.
-60
Economic and Structural Influence
March 29
The consolidation strategy employed by JAB Holding Company has contributed to market monopolization, reducing competition and leading to price gouging in the veterinary sector. This economic structuring harms consumers by driving up costs in a vital service area.
- OCT132022
The FTC finalized a consent order against JAB Consumer Partners—a branch of JAB Holding Company—mandating the divestiture of specialty and emergency veterinary clinics in Richmond, Va., Denver, San Francisco, and the Washington, D.C. area as a condition of its $1.65 billion acquisition deal, aiming to protect pet owners and preserve market competition.
-70
Business Practices and Ethical Responsibility
March 29
The FTC’s consent order highlights serious concerns over JAB Consumer Partners' aggressive consolidation practices in the veterinary sector. This strategy, aimed at expanding market control through a major acquisition, risked undermining consumer choice and creating monopolistic structures. The negative rating reflects the ethical issues in pursuing such a rollup strategy without adequate safeguards for the affected pet owners and local markets.
FTC Approves Final Order against JAB Consumer Partners to Protect Pet Owners
-50
Economic and Structural Influence
March 29
The enforced divestitures across key U.S. regions signal significant concerns about structural market influence. JAB Consumer Partners' strategy of consolidating specialized veterinary services presents risks of market monopolization and reduced competitive pressures, prompting regulatory intervention to curb excessive economic power and safeguard consumer interests.
FTC Approves Final Order against JAB Consumer Partners to Protect Pet Owners
- JAN012022
The Violation Tracker by Good Jobs First documented a labor relations violation involving JAB Holding Company linked to an NLRB case in 2022, raising concerns over their treatment of workers.
-50
Labor Relations and Human Rights Practices
March 29
The reported labor relations violation from the Violation Tracker suggests that JAB Holding Company faced issues related to worker treatment and labor rights enforcement. This incident negatively impacts the company's ethical responsibilities in business practices, aligning with anti-authoritarian values by highlighting poor labor conditions.
Alternatives
Denver, USA
67.79
Malvern, United Kingdom
72.64
Detroit, USA
69.16
Tokyo, Japan
67.28
Altadena, United States
58.97
United Kingdom
55.60
_edited.png)
Frisco, United States
51.22
Istanbul, Turkey
47.85
Los Angeles, USA
46.95
Austin, United States
46.17
Industries
- 311811
- Retail Bakeries
- 551112
- Offices of Other Holding Companies
- 722513
- Limited-Service Restaurants