All 12,000 personnel pret a manger to get £1000 each, as a chain sold for £1.5 billion

Each of the 12,000 employees of pret a manger for gifted £1,000 payment to thank them for their hard work as the popular chain sandwich shop sold by a secretive German family of billionaires for £1.5 billion.

Lydia Alexander Sipos, team leader for ready-made shop in the heart of London, was too busy making a latte, helping to cook the chicken and avocado sandwiches on Tuesday morning, have not noticed a tweet from pret chief Executive Clive Schlee identify windfall.

Clive Schlee
(@Cliveschlee)

Today is a big day for @pret. As we welcome JEB, we’ll thank the people who really matter, giving each of our employees 12,000 £1,000 when the deal completes

29 may 2018

Schlee wrote that pret was sold to its British owners of a private equity context, a JAB company, the Luxembourg investment Fund, owned by the extremely rich German family Reimann. Brothers Wolfgang, Stefan, Renate and Matthias, the descendants of the founder, what will become of consumer goods giant Corporation “Reckitt Benckiser”, estimated by Forbes magazine to amount to just over $ 4 billion (£3bn) each.

“Today is a big day for @rushing,” said Schlee. “As we welcome JEB, we’ll thank the people who really matter, giving each of our employees 12,000 £1,000 when the deal is complete.”

The Germans had no idea that the company worked with 2016 were sold. None of her colleagues, who, when told were instituted in connection with the future membership of the windbreak, but don’t expect much about their daily lives, to change as the rushing of ownership passes from the office block in marylebone, one near Luxembourg airport.

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Based in the tax haven of Luxembourg, JAB Holdings is controlled by the four members very rich and secretive family Reiman: Wolfgang, Stefan, Renate and Matthias. In Rayman are among the richest dynasties in Europe with a fortune of more than €16 billion (£14 billion).

Anonymous the name of the CCA comes from the initials of Johann Adam Benckiser, who as one of the ancestors of the family founded chemical company in 1823, what will become of Reckitt Benckiser.

Investment vehicle still owns the second largest stake in the company, and the consumer giant’s former chief Executive Bart Becht – who broke the British corporate reporting in 2010 with a package worth £90M – Chairman of the CCA. The company also has a stake in Coty, the beauty company behind the brands Calvin Klein and Wella.

Four brothers bought out the shares of the remaining five children of albert Reimann Jr., who owned all of the CCA, until he died in 1984, leaving ech of the nine adopted children of 11.1% of the shares. Albert Reimann Jr. was the great-grandson of Ludwig Reimann, who married one of the daughters of Johann Adam Benckiser and ended up owning the business.

With three senior partners at the helm of the company for the purchase of real estate in recent years. JEB threw 18.7 billion. on soft drinks company Dr. pepper soda earlier this year and paid in 2015 for keurig Green Mountain, one of the largest coffee companies in the US 13.9 billion.

Add pret will help poke in the future to compete with Starbucks and nestlé, during the movement of vehicles from luxury brands such as Jimmy Choo, which he sold last year for $1.2 billion. He also reportedly plans to sell Bally’s, another luxury firm goods in which it has a controlling stake.

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“I had no idea at all nobody did, we all so busy in the morning,” said the German. “Honestly, I have no idea who owns the company, and don’t expect anything to change for us.”

German, which was launched in rushing through two weeks after arriving in the UK from Romania in 2016, refused to believe that the staff that rushing will actually get £1000 each, while Schlee tweet. Then she said she would save most of your £1,000 windfall – after the purchase of a gift for his mother. “She helped me so much to do here, and I want to give her something special to say thank you,” said the German.

“Rushing really care about you,” she said. “I resigned in December to try and get a job the office management, but I study two days a week and it’s hard to get a job that allows You to do this.

“So pret helped me back in February, and I can study in College Management on Tuesdays and Thursdays,” she said. “And it pays better than admin work.” German says she is paid £9.70 an hour £1 an hour bonus if the store runs a regular mystery testing the buyer.

Her colleague Fatou, who is from Guinea in West Africa and worked in rushing for five years, was also incredulous that the staff will receive £1000 bonus. “What? Why? Why did you give us £1000 each?”

Schlee later expanded on his previous Posts to make sure that the £1,000 bonus will be paid to all workers who are on the payroll in the week the deal is completed, adding: “it’s a surprise to those who have just joined.”

Even the staff coming rushing between now and when the deal officially in late summer, will collect £ 1,000. This should help with recruitment, which Schlee complained, it was tough with leaving the UK. Last year, the network, which attracts much of the staff from the European Union, stated in Parliament that only one out of 50 applicants were British because the British did not consider their stores as “the desired place of work”.

In the trade will be profitable wages for communications, which bought the chain for $ 364 million in 2008. William Jackson, the rushing Chairman and managing Director of communications , said that the network “has a unique culture and a great British success story”. Jackson said he will continue to pick up pots pret porridge for Breakfast and his favorite is the Hoisin duck wrap for lunch.

The chain opened a store near Victoria station in Central London in July 1986. It was started by entrepreneur Julian Metcalfe and his University friend Sinclair Beecham. They bought the brand eliminate first embodiment of rushing in Hampstead a few years earlier.

There are now 530 pret shops in the UK, 92 in the United States, 26 in Hong Kong, 24 in France, two in Dubai and in Denmark, and one each in Singapore and the Netherlands.

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Metcalf total of 50 million pounds payday, when the third part of the business was sold to McDonald’s in 2001. It is believed that Metcalfe has sold almost his entire remaining interest in rushing in 2008, when it was purchased. The company declined to comment on the current part of Metcalf.

Metcalf continued to create narrow Metcalfe’s popcorn, which was sold crisps a giant kettle of food products in 2016, and Asian restaurant ITSU, where the boss Schlee rushing is a major private investor.

CCA Reiman has been on a global acquisition, the purchase of coffee, tea and snacks brands, including Krispy Kreme donuts, Douwe Egberts and a tassimo coffee maker to make coffee, American bakery giant panera bread and Dr. pepper soda. He also owns the brands of specialty coffee in the San Francisco pit and possibly leaf tea, Chicago’s intelligentsia coffee and tea and Oregon arena stumptown coffee.

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