26th June 2022
Barcelona News Business Catalonia News Economy & Employment Food & Drink Madrid News Main News Retail

‘Pret A Manger’ sandwich chain to open 70 shops in Spain and Portugal

British sandwich and coffee chain Pret A  Manger is to expand into Spain and Portugal as part of a plan to double in size, it said on Tuesday.

Pret, owned by investment group JAB and founder Sinclair Beecham, said a franchise partnership deal with Ibersol Group will see 70 Pret shops open in Spain and Portugal over the coming years.

Headquartered in Portugal, the Ibersol Group operates over 600 restaurants across Portugal, Spain and Angola. The company manages its own brands such as Pans & Company, Ribs, Santamaría or FrescCo, as well as licenses for Burger King, Pizza Hut, KFC and Taco Bell.

The franchise agreement follows Pret’s announcement last year that it would aim to double the size of the business within five years, including launching into five new markets by the end of 2023.

Over the past year it has also announced deals to take the brand to Ireland, Northern Ireland, Canada and the Middle East.

As part of Pret’s expansion, it is rolling out a recruitment programme, aiming to hire at least 3,000 team members and baristas globally.

Earlier this year Pret also confirmed that it would invest over £9.2 million in staff pay, its biggest pay and benefits increase in its 36-year history.

Sign up for the FREE Weekly Newsletter from Spain in English.

Please support Spain in English with a donation.

Click here to get your business activity or services listed on our DIRECTORY.

Click here for further details on how to ADVERTISE with us.

Recent Posts

Around 2,000 migrants try to storm Spain’s Melilla enclave

News Desk

Ford sees ‘significant’ job cuts as it picks Valencia for electric vehicle production

News Desk

Spain to reduce IVA tax on electricity bills to 5%

News Desk

Spain finally rules out 2030 Winter Games bid in Catalonia and Aragón

News Desk

Spain-based cabin crew at easyJet now planning 9-day strike during July

News Desk

‘Back on the road around end of July’ is ‘best estimate’ for UK residents without Spanish driving licenses

News Desk

Leave a Comment