Krispy Kreme enters SA market

Johannesburg - Global retailer Krispy Kreme has announced that it has signed a development agreement with local company KK Doughnuts SA to open 31 Krispy Kreme shops in South Africa over the next five years.

This marks the company’s first venture into Africa.

Fournews and John & Gerry’s Brands are the principal owners of KK Doughnuts SA. Majority owner, Fournews, a 20-year-old South African company which has a footprint firmly throughout SA and is steadily expanding into Africa, currently operates six other 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 Krispy Kreme into the South African market,” said Gerry Thomas, CEO of KK Doughnuts SA.

“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,” said Dan Beem, Krispy Kreme’s senior vice president and president – international, commented,  

Krispy Kreme can be found in more than 1 000 shops in 24 countries.