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Pret A Manger to launch in SA

Publish date: 12 February 2024
Issue Number: 1063
Diary: IBA Legalbrief Africa
Category: general

* The 38-year-old sandwich and coffee chain Pret A Manger brand is set to launch in SA with its first store in Johannesburg. Millat Group, the family-led private equity group that secured the licence, is planning a significant expansion. The deal between the two was signed last week, and it forms part of Millat's strategy to bring more offshore brands to SA. Pret A Manger, which opened its first shop in 1986 in London, has since grown into a global brand with 650 shops in 18 countries. The deal giving Millat the licence to operate was signed last week and follows a deal for US-based Circle K convenience stores in 2022.

– Fin24

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