PORTLAND, Ore. – Portland bagel chain Kettleman Bagel Company has been sold to the national restaurant group that operates Noah’s New York Bagels.
The company said in a press release they expect to rebrand all five of the Kettleman locations in Portland, although they did not say when that might happen.
The Einstein Noah Restaurant Group operates bagel restaurants under the Einstein Bros Bagels, Noah’s New York Bagels and Manhattan Bagels brands.
“This acquisition fits well within our aggressive growth strategy as we believe there is tremendous opportunity for Einstein Noah in this market,” said Jeff O’Neill, the Einstein Noah president and CEO.
Kettleman was founded in Portland in 2006 by Jeffrey Wang after spending 17 years making bagels in New York City, according to the company’s website. Wang has since opened five locations around Portland.
“I have complete confidence in the Einstein Noah management team and respect their commitment to bring quality, fresh baked and healthy food options to the communities they serve,” Wang said in a release send out by Einstein Noah. “The company’s proven success and personable culture made becoming part of Einstein Noah an attractive and easy decision. Now I can retire knowing my company is in good hands.”
Wang was not immediately available for comment.
Calonie Royse, Kettleman’s wholesale manager, told KATU that employees were told about the sale on Tuesday morning. She said they were told Einstein Noah would take over immediately.
She wouldn’t comment about the reaction from employees. She did, however, say that employees were told the way they bake bagels wouldn’t change.
Einstein Noah operates 750 restaurants in 39 states. It also operates a dough production facility. There’s no word if dough at the Kettleman locations will be made locally or come from a centralized location.