Krispy Kreme Enters Egypt With New Shop In Partnership With Americana Group

  • Doughnut company and coffeehouse chain Krispy Kreme Inc DNUT has launched the brand's first location in Egypt with its franchise partner Americana Group.
  • Americana is an independently owned and operated franchise partner which operates more than 200 Krispy Kreme shops in five countries, including UAE, KSA, and Kuwait.
  • The Hot Light Theater shop can produce over 100 dozen doughnuts per hour.
  • With a new shop in New Cairo's Arabella Plaza, Egypt, Krispy Kreme now has a presence in 31 countries.
  • "We will continue to open more new outlets as part of our expansion plans in Egypt, bringing Krispy Kreme's sweet treats to many more happy customers in the coming months," said Amarpal Sandhu, CEO of Americana Restaurants.
  • Price Action: DNUT shares are trading lower by 0.096% at $16.98 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!