The news that Bridgepoint has agreed to sell Pret A Manger to JAB Holdings marks a new chapter for a brand that has consistently been voted the most admired among sector leaders. James Wallin looks at the values underpinning the brand and what the deal may mean for Pret and its investors – both incoming and outgoing – as well as assessing what wider impact the company’s £1k staff bonus may have on hospitality’s reputation as an employer.