The company has reached an agreement with Pret A Manger to expand into Portugal and Spain with the aim of creating a solid network of restaurants, with a presence in both the Commercial Catering and Travel sectors. Grupo Ibersol is one of the leading restaurant operators on the Iberian Peninsula, with more than 620 restaurants operating in high streets and shopping centres as well as in the Travel sector. It manages its own brands, like Pans & Company, Ribs, Santamaría and FrescCo, and franchises like Burger King, Pizza Hut and KFC. The group plans to open 70 new establishments in the next few years .
Ibersol Group, (Euronext Lisbon IBERSOL, SGPS) a multi-brand organised catering group, with locations in Portugal, Spain and Angola, has reached an agreement with Pret A Manger, a British sandwich and coffee chain founded more than 30 years ago in London, to open 70 new establishments inSpain and Portugal over the next decade.
Thanks to this alliance, Ibersol Group will carry out the national expansion of the brand, aimed at creating a solid network of Pret A Manger restaurants with a presence in Commercial Catering, in both large cities and strategic commercial hubs, as well as in the Travel sector, in the busiest airports and railway stations in Portugal and Spain.
Today, Pret A Manger is a company with more than 570 shops in six markets: United Kingdom, United States, Hong Kong, Singapore, Dubai and Europe, specifically in France, Switzerland, Belgium and Germany.
With this agreement, Portugal and Spain will join the group of European countries in which Pret A Manger operates, positioning itself as one of the most strategic markets for the company, with great growth prospects in the coming years. It will continue to develop and expand its business concept in new enclaves where it does not yet have a presence.
“Pret A Manger is one of the world’s foremost restaurant leaders. This new agreement is undoubtedly a great business opportunity for Ibersol Group, which will allow us to further strengthen our position in Organised Catering at national level. We are confident that Pret A Manger will be very well received by Spanish and Portuguese consumers, as well as by the entire community of British and other European tourists visiting the Iberian Peninsula, who will appreciate and enjoy one of the leading foodservice companies, known for its iconic sandwiches, salads and natural recipes and its excellent blend of organic coffee,” said Dr Alberto Teixeira, Co-President of the Ibersol Group.
Pano Christou, Chief Executive Officer at Pret A Manger, commented, “For some time now, one of my main objectives has been to introduce Pret to Spanish and Portuguese customers. I am very pleased with this agreement, which will allow us to serve our freshly made food and our 100% organic coffee. The Ibersol team has a wealth of experience in the sector, which is matched by our immense desire to work together to grow our business throughout the region”.
Pret A Manger opened in London in 1986, producing fresh sandwiches, salads and wraps made fresh every day in their own kitchens from high-quality ingredients. All its establishments have their own kitchens. They also have a wide range of products and recipes for vegetarians and vegans, as well as hot dishes. Pret A Manger’s baristas serve 100% organic coffees and teas, hot and cold, with organic milk or plant-based alternatives.
Ibersol Group (Euronext Lisbon IBERSOL, SGPS) is a multi-brand organised catering group with locations in Portugal, Spain and Angola. Ibersol Group (Euronext Lisbon IBERSOL, SGPS) is one of the leading catering operators in the Iberian Peninsula. It manages its own brands, like Pans & Company, Ribs, Santamaría and FrescCo, and franchises like Burger King, Pizza Hut and KFC.
Pret A Manger
Pret A Manger is a UK-based sandwich and coffee chain commonly known as Pret. The first shop opened in London in 1986. Pret’s sandwiches, salads and wraps are prepared daily in the shops’ kitchens using quality ingredients, and all its coffees are 100% organic. Pret currently has more than 550 shops and operates in the UK, USA, Hong Kong, France, Dubai, Switzerland, Brussels, Singapore and Germany.