Pret A Manger acquisition of EAT

22/5/2019

Private acquisition

Status:

Announced

Date:

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:

Skadden Arps Slate Meagher & Flom

Party: Pret A Manger (Acquirer)

Lawyers: Katja Butler, Linda Davies (retired), Richard Youle

Travers Smith

Party: Ardian (Seller)

Party: Horizon Capital (Seller)

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