Krispy Kreme Doughnuts has signed a development agreement with Inversiones DBA-KKD de Costa Rica (Inversiones) to open ten Krispy Kreme stores in Costa Rica over the next five years.
Krispy Kreme Doughnuts senior vice-president and international president Dan Beem said: "Costa Rica’s rapid market growth and consumer demand for sweet treats makes this the perfect time for Krispy Kreme to expand in the country."
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The key owner of Inversiones is Desarollo de Negocios Internationales, and partly owned by 2.5 Investments.
Desarollo de Negocios Internationales managing director Miguel Hernandez said: “We are happy to bring the joy of Krispy Kreme to Costa Rica.
“Once people try our doughnuts, they will not believe how long they have lived without having a freshly made Original Glazed doughnut.”
Krispy Kreme Doughnuts is a global retailer of sweet treats and headquartered in Winston-Salem, North Carolina, US.
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By GlobalDataIt has more than 1,000 retail shops in 27 countries.
