“Krispy Kreme will quickly become a South African
favourite.” That’s what the global doughnut company and coffee retailer
is hoping for as it plans to open 31 shops in the country over next
five years.
On Thursday‚ it was announced that Krispy Kreme has signed a development agreement with KK Doughnuts SA‚ in what is the US company’s first venture into Africa.
KK Doughnuts SA is owned by John & Gerry’s Brands and Fournews‚ the majority partner which has six other well-established brands in its stable: Cafe Fino‚ News Cafe‚ Smooch‚ Moyo‚ illy GO! and the soon-to-be-launched Brooklyn Brothers.
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