Britain's Pret To Enter Irish Market

British coffee and sandwich chain Pret a Manger is to expand into Ireland and Northern Ireland, it said on Monday 11 April.

Expansion Plans

Pret, which is owned by investment group JAB and founder Sinclair Beecham, said that a deal with franchisee Carebrook Partnership Ltd will see a new shop open in Dublin first, with the ambition to open 20 shops across the island of Ireland over the next ten years, creating about 500 jobs.

The move forms part of Pret's plan to expand into new markets across the world.

Pret said last year that it aimed to double the size of the business within five years, including launching into five new markets by the end of 2023.

Countries In Which Pret Currently Has Outlets

The group currently has shops in the United Kingdom, United States, Hong Kong, France, Dubai, Switzerland, Brussels, Singapore and Germany.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.