Pret A Manger brews up stock market listing

Published on: June 6, 2025

By CITY & FINANCE REPORTER

Updated: 21:50 BST, 6 June 2025

The private equity owners of Pret A Manger are preparing to list it on the stock market.

Luxembourg-based JAB Holding – which bought the coffee and sandwich chain for £1.5billion in 2018 – is exploring options, with an initial public offering (IPO) a possibility.

This could involve selling a stake to another investor to shore up its finances ahead of a listing.

A spokesman for JAB said: ‘As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor.’

Looking ahead: Luxembourg-based JAB Holding s exploring options, with an IPO a possibility

It is thought to mark the first time Pret has publicly confirmed IPO plans.

Pret recently announced it was dropping its plan to double its £5 monthly subscription as it looks to retain customers.

The deal was an overhaul of Pret’s £360-a-year subscription which offered five free coffees a day. The new subscription offers 50 per cent off five drinks per day.

Pret opened its first shop in London in 1986, where the company remains based. It has 700 shops worldwide with around 12,500 employees across 21 markets.

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Pret A Manger brews up stock market listing

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Read more at DailyMail.co.uk

Pret A Manger brews up stock market listing