A&W Revenue Royalties Income Fund and A&W Food Services of Canada Inc. announce that Food Services has signed a Country Agreement with Pret A manager (Europe) Limited which sets the general terms and conditions granting Food Services master franchisor rights to Canada (the "Country Agreement") for Pret A Manger. Pursuant to the Agreement, Food Services is moving forward with a two-year pilot of the Pret brand in Canada (the "Trial Phase") during which period, Food Services will introduce the Pret brand within A&W restaurants in select markets in Canada. The first shop to trial the Pret brand will be in Vancouver and plans to open this summer.
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- A&W Signs Country Agreement for Canada with Pret A manager with First Shop Opening This Summer