The Pret logo will soon be seen in Dublin as well.
The British sandwich specialist Pret A Manger wants to establish itself on the Irish islands in the medium term. The first unit will soon open in Dublin, but the plans are more far-reaching. Driving the expansion is a long-standing partner.
Pret A Manger is set to expand into the Republic of Ireland and Northern Ireland for the first time after reaching an agreement with franchise partner Carebrook Partnership. The partnership will see 20 Pret stores
open across the island of Ireland over the next decade
, creating around 500 jobs
, according to Pret A Manger. The first store
is scheduled to open this summer on Dawson Street in Dublin,
creating 25 jobs in the city.
30 years of franchise experience Carebrook Partnership
is one of Pret's longest-serving franchise partners
. The partnership has been around for 30 years. Carebrook oversees numerous stores in London, including Camden, Belsize Park and Finchley. Gerard Loughran
, the majority owner, grew up in Nenagh, Co Tipperary, and has more than 30 years' experience in the UK and US food industry. Dublin-based minority owner Ray McNamara
has 25 years' experience in the Irish food industry, including as owner of Ann's Bakery.
The franchise agreement follows Pret's announcement
last year that it will double the size of the company within five years
and enter five new markets by the end of 2023. As part of the expansion, Pret will hire at least 3,000 employees worldwide.
9.2 million pounds for employees
Earlier this year, Pret confirmed that it will invest more than £9.2 million in employee salaries - the largest pay and benefits increase in its 36-year history.Pano Christou, chief executive officer at Pret A Manger
, said, "Opening stores in the Republic of Ireland and Northern Ireland has been our plan for a long time, and we are thrilled to finally be able to put it into action. Our neighbors on the island of Ireland have long expressed a desire to offer Pret's freshly prepared food and organic coffee, and with the support of Carebrook Partnership Ltd. we can now do so."
As in other markets, Pret plans to introduce full ingredient labeling (e.g., allergens) on all food in units in both the Republic of Ireland and Northern Ireland. Gerard Loughran, CEO of Carebrook Partnership
, said, "We have been working with Pret for more than three decades, since they arrived in London. I have always wanted to bring Pret to Ireland and Northern Ireland, so I am delighted that this will soon become a reality with my co-owner Ray, who has great connections to the food industry in Dublin and 25 years of experience. We look forward to welcoming our new customers very soon."