Tag: multi-unit franchise
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Krispy Kreme has signed a five-year development and franchise agreement with APL Sweets OÜ, a subsidiary of Estonia-based Apollo Group, to develop up to 25 locations across the Baltic States between 2026 and 2030. The agreement marks another step in Krispy Kreme’s expansion across Northern Europe, with the first location planned for Tallinn, Estonia, by…
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Krispy Kreme has completed a reported $90 million agreement with joint venture partner WKS Restaurant Group, transferring 23 company-owned locations in California and Hawaii to the restaurant operator. The transaction supports Krispy Kreme’s broader strategy of reducing company-owned store operations while expanding through franchise partnerships. According to Restaurant Dive, the deal brings WKS Restaurant Group’s…