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Pret A Manger is opening cafes in Israel as part of an international expansion.
Fox Group and Yarzin Sella Group signed an initial agreement to launch the brand in the Middle Eastern state.
Office workers, the chain's core clientele, worked from home during the Pandemic. The chain made a profit in March after two years of losses.
In the first half of the year, its sales increased by 230%.
JAB has been an investor for a long time and is controlled by the Reimann family. The business was listed in 2020. Plans to go public via a special purpose acquisition company were abandoned earlier this year.
Pret plans to double the size of its business within five years by launching in Israel and other new markets. It is currently operating in Canada and Ireland, as well as in the US and Hong Kong.
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