Pret A Manger acquisition of EAT

22/5/2019
Private acquisition

Announced

22/5/2019


Overview:

  • Pret A Manger is acquiring fellow food chain EAT for an undisclosed fee.
  • Pret currently operates 400 stores in the UK and aims to convert several of the EAT's 90 stores into Veggie Prets.
  • EAT is currently owned by various private equity houses including Ardian and Horizon Capital.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sectors:

Consumer goods and services
Food and beverage


Firms:

Party: Pret A Manger (Acquirer)


Party: Ardian (Seller)

Party: Horizon Capital (Seller)

Lawyer: Paul Dolman