Pret to launch in Spain and Portugal
The terms of the deal will see Ibersol bring Pret’s food and organic coffee to customers in the two countries.
Pano Christou, chief executive officer at Pret A Manger, said: “It’s been a long-term ambition for me to introduce Pret to customers across Spain and Portugal, and so I’m absolutely thrilled that we’ll soon be serving our freshly made food and 100% organic coffee here.
“The team at Ibersol have huge experience and we’re really looking forward to working together to grow our business across the region.”
Headquartered in Portugal, Ibersol operates more than 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.
Dr. Alberto Teixeira, Co-President of Grupo Ibersol, said: “This new agreement with Pret A Manger is a great business opportunity for Ibersol Group, allowing us to further strengthen our position in the food-to-go market across Iberia.
“We are confident that Pret will be very well received by Spanish and Portuguese customers, known for its emblematic British-style sandwiches and fresh coffee.”
Last week the food to go chain announced it would be embarking on a two-year trial phase with A&W Food Services to introduce the Pret brand in Canada, and it has also announced agreements which will see the brand launched in the Republic of Ireland, Northern Ireland and the Middle East.
