29th March 2024
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

Spanish prosecutors seek 2.5 year sentence for Rubiales’ World Cup kiss and coercion

News Desk

Spain’s Guardia Civil detain man for allegedly promoting IS terror online

News Desk

Spanish government takes 3% stake in Telefónica after Saudi deal concerns

News Desk

Vinícius breaks down while talking about racist insults he’s suffered in Spain

News Desk

Dani Alves released after paying €1m bail, awaiting appeal of rape conviction

News Desk

Spain’s High Court halts temporary suspension order of Telegram’s services

News Desk

Leave a Comment