The UK coffee and good-to-go brand is continuing its international expansion with a new agreement to open stores in Spain and Portugal
Pret will be launched in Spain and Portugal with 70 Pret outlets expected to open in the ‘coming years’ | Photo credit: Pret A Manger
Pret A Manger has announced that an agreement has been reached with Portuguese catering group Ibersol Group to launch the Pret brand across Spain and Portugal, with 70 Pret outlets expected to open in the ‘coming years’.
The announcement marks another step in Pret’s aim to double the size of the business within five years and launch into five new markets by the end of 2023. In the past year, the UK-based coffee and food-to-go brand has expanded into new regions in the Republic of Ireland, Northern Ireland, Canada and the Middle East.
Pret A Manger currently operates more than 550 stores across the UK, US, Hong Kong, France, Dubai, Switzerland, Brussels, Singapore and Germany.
“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,” said Pano Christou, CEO, Pret A Manger.
“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,” added Alberto Teixeira, Co-President, Grupo Ibersol.
Ibersol Group operates over 600 restaurants across Portugal, Spain and Angola, managing its own brands such as Pans & Company, Ribs, Santamaría and FrescCo, as well as licensed outlets of Burger King, Pizza Hut, KFC and Taco Bell.