A&W Food Services signs long-term development deal with Pret A Manger - CP24

A&W Food Services of Canada Inc. has signed a long-term development agreement with sandwich chain Pret A Manger (Europe) Ltd.

The deal follows a two-year trial period. 

A&W Food Services holds exclusive master franchisor rights to Canada for the Pret brand.

During the trial period, Pret products were offered in certain A&W restaurants and a stand-alone Pret location was opened in downtown Toronto earlier this year.

A&W says it will introduce Pret's products in a variety of formats, starting with a national roll out of Pret coffee in A&W restaurants this fall.

It says the development plan calls for an increase in the number of physical locations offering Pret products across Canada over an initial 10-year development term.

This report by The Canadian Press was first published May 27, 2024.

Companies in this story: (TSX:AW.UN)

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2024-05-27 11:15:18Z
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