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Abernathy MacGregor is handling JAB Holding Co.'s $2B acquisition of Pret A Manger, the London-based sandwich shop chain, from Bridgepoint private equity firm.
Germany's JAB has controlling stakes in Jacobs Douwe Egberts, the world's No. 1 coffee company; Keurig Green Mountain/Dr Pepper Snapple; Peet's Coffee & Tea, Panera Bread, Caribou Coffee and Krispy Kreme Doughnuts.
Pret, which sells freshly prepared sandwiches, salads and wraps, via 530 locations in the UK, US, France and China generated $1.2B in sales last year.
CEO Clive Schlee called the JAB announcement a "day of celebration at Pret," recognizing the hard work of its teams throughout the world. Each of Pret's 12K employees will receive a bonus of about $1,200 when the JAB takeover closes during the summer.
The Financial Times reports the Pret deal bolsters deal-hungry JAB's challenge to Nestle in the global coffee-related market.
Abernathy MacGregor's Tom Johnson and Pat Tucker handle JAB Holding.
France's Havas owns Abernathy MacGregor.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
