JAB aims for big hit in UK high streets with Pret A Manger acquisition

Pret A Manger

The investment vehicle of a prominent German family has made major inroads into UK high streets with the acquisition of sandwich and coffee chain Pret A Manger for a deal believed to be in the region of £1.5bn.

JAB Holdings, which operates on behalf of the Reimann family, have agreed the acquisition from private equity owners Bridgepoint in a deal which is expected to complete this summer.

Pret operates 530 stores worldwide, having opened in London in 1986, and as well as its strong presence in the UK it has expanded into the US, Hong Kong, China and France.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue