JAB Holding Co. will acquire a majority stake in Pret A Manger from Bridgepoint, an international private equity firm and the concept’s majority owner, and other minority shareholders. The transaction is expected to close this summer.
Pret A Manger operates 350 locations worldwide, including a strong presence in the United Kingdom and has locations in the United States, Hong Kong/China and France.
JAB is no stranger to the foodservice industry. The company has controlling stakes in Keurig Green Mountain, Jacobs Douwe Egberts, Panera Bread, Peets Coffee & Tea, Einstein Noah Restaurant Group, Krispy Kreme Doughnuts and Espresso House, a Scandinavian concept.