Global retailer Krispy Kreme has announced that it has signed a
development agreement with local company KK Doughnuts SA (Pty) Ltd to open 31
Krispy Kreme shops in South Africa over the next five years. This marks the
company’s first venture into Africa.
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| OMG WE CAN NOT WAIT |
Fournews (Pty) Ltd., and John & Gerry’s Brands (Pty) Ltd.,
are the principal owners of KK Doughnuts SA. Majority owner, Fournews (Pty)
Ltd, a 20-year-old South African company who have their footprints firmly
placed throughout South Africa and are steadily expanding into Africa,
currently operate six other well established brands: Cafe Fino, News Cafe,
Smooch, Moyo, illy GO! and with Brooklyn Brothers soon to launch.
“With our 15 years of experience in the industry and our joint
venture with Fournews, we are extremely proud to bring this iconic global brand
that is Krispy Kreme, into the South African market,” said Gerry Thomas, CEO of
KK Doughnuts SA. “The South African consumer is looking for quality and value,
which is exactly what Krispy Kreme delivers. We’re confident that this popular
international brand will quickly become a South African favourite.”
Dan Beem, Krispy Kreme’s Senior Vice President and President –
International commented, “From Asia to the Middle East and now to Africa, the
global demand for Krispy Kreme and its signature sweet treats continues to
grow. We’ve partnered with an outstanding operator who has vast experience in
food service throughout South Africa. We’re confident Krispy Kreme will
establish itself as the country’s premiere sweet treats provider under their
leadership.”
Krispy Kreme’s Original Glazed® doughnuts, great tasting coffee
and other assorted sweet treats can be found in more than 1,000 shops in 24
countries.
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