F&B CONNECT

Krispy Kreme have partnered with AmPm Comestíveis Ltda that will see the brand expand into Brazil.

 

AmPm Comestíveis Ltda are a São Paulo-based convenience store. The joint-venture partnership will see Krispy Kreme stores open, plus the products will be available within the existing AmPm stores.

 

The first Krispy Kreme store is set to open in 2025.

 

Krispy Kreme is a North Carolina-based business. It currently has a presence in 39 countries, with over 2,000 stores.

 

A competitor of Krispy Kreme is Duck Donuts – Bravo Foods Corp have agreed terms to become a franchise partner of Duck Donuts, in the Philippines.

 

In Latin America F&B News:

• The parent company of 100 Montaditos, Grupo Restalia, announced in H2 2023, that the Spanish restaurant brand has continued to expand internationally with new openings in Central America.

• The coffee chain, Tim Hortons, that is based in Canada, is set to enter a new market, with a new store set to open in Panama.

• In April 2023, Fogo de Chão, the Brazilian restaurant brand, has signed a franchise agreement with Eljuri Group, to expand the brand into Ecuador.

 

Read More:

Financial Times

World Coffee Portal