Pret A Manger sold after 10 years with Bridgepoint May 29th, 2018

Sandwich chain Pret A Manger has been sold by its private equity owners for an undisclosed sum, with reports suggesting it could be as much as £1.5bn.

JAB Holdings has snapped up the ubiquitous cafe from its owners Bridgepoint, who have been looking to offload it for some months.

JAB is acquiring its stake in Pret through an investment vehicle of JAB Consumer Fund and JAB Holding Company, which is backed by a group of long-term investors.

http://www.cityam.com/286532/smell-coffee-pret-man…

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