Pret A Manger’s announcement this week that will open 20 outlets in Ireland north and south in the next decade acknowledged the crucial role to be played by Carebrook Partnership Ltd, the franchisee selected to operate the Irish locations. The new Irish company was established last October by Gerard Loughran and Ray McNamara. Its latest filing on February 22 showed that it is based at the head office of McNamara’s Irish cafe chain Ann’s Bakery in its historic Dublin address on Mary St, where the business started in 1974. The McNamaras own 25 per cent of the Carebrook Partnership through…

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Property and profits: As Pret A Manger targets Ireland, who are the Irish tycoons behind its expansion here?

Gerard Loughran has accumulated sufficient profits with the high-end fast-food chain in the UK to support its expansion to Ireland. His local partner Ray McNamara has done the same here with Ann’s Bakery. And they share the same approach to commercial property.

13th Apr, 2022 - 3 min read

Thomas Hubert

Editor

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