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Krispy Kreme to open 24 sweet treats shops in Peru

Published 14 September 2015

Krispy Kreme Doughnuts is entering Peru with its signature sweet treats through a development agreement signed with Agape Coral, SAC, to open 24 Krispy Kreme shops throughout the country over the next five years.

"The Krispy Kreme brand has done very well throughout Latin America over the past several years, and we're confident our signature sweet treats and coffee will be a hit in Peru," said Dan Beem, Krispy Kreme Doughnuts Senior Vice President and President - International. "Agape Coral is an experienced group that knows what it takes to give our guests that authentic Krispy Kreme experience."

The principal owner of Agape Coral is Fontana Holdings Business, Ltd., in which Manuel Corripio Alonso owns a majority interest.

"We are excited to bring Krispy Kreme to Peru," said Alonso. "If our experience with the brand in the Dominican Republic is any indication, the Peruvian people will quickly embrace Krispy Kreme's signature sweet treats, including our famous Original Glazed doughnut, coffee and assorted beverages."



Source: Company Press Release