Pret A Manger reaches agreement to launch in Israel

UK-based Pret A Manger is seeking to open at least 40 stores in Israel over the next decade in partnership with domestic franchise partners Fox Group and Yarzin Sella Group 

Pret A Manger has reached an initial agreement with Israeli retailer Fox Group and restaurant operator Yarzin Sella Group to launch in Israel.

In a press release, Pret said the agreement, set to be formally signed in the first quarter of 2023, will see a jointly owned company established in which Fox Group will hold 75% and Yarzin Sella Group 25%.