Krispy Kreme owner JAB to acquire sandwich shops from private equity firm
Every one of Pret a Manger’s 12,000 employees is to be gifted a £1,000 payout to thank them for their hard work as the popular sandwich shop chain is sold to a family of secretive German billionaires for £1.5bn.
Lidia-Alexandra Sipos, a team leader at a Pret shop in central London, was too busy making lattes and helping prepare chicken and avocado sandwiches on Tuesday morning to have noticed a tweet from Pret’s chief executive Clive Schlee revealing the windfall.
Today is a big day for @Pret. As we welcome JAB, we’ll be thanking the people who really matter by giving each of our 12,000 employees £1,000 when the deal completes
Based in the tax haven of Luxembourg, JAB Holdings is controlled by four members of the hugely wealthy and secretive Reimann family: Wolfgang, Stefan, Renate and Matthias. The Reimann's are among the wealthiest dynasties in Europe with a fortune of more than €16bn (£14bn).
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