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Fortune
Fortune
Prarthana Prakash

Europe's next big IPO is a €1.5-billion Spanish family business that makes the bread for Starbucks and Pret A Manger

A person walking past Pret A Manger in London. (Credit: Dinendra Haria—SOPA Images/LightRocket/Getty Images)

Not many companies can boast about reaching a billion-dollar valuation entirely built on bread, donuts and pastries—but Spain’s Europastry certainly can. 

The company, which supplies its baked goods to Starbucks, Pret A Manger, and Dunkin’ Donuts, is set to launch its IPO later this week. 

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