USA: Krispy Kreme increases interest in Michigan operations
US doughnut maker Krispy Kreme has said it is to acquire a 73% interest in its operations in Michigan for US$18.6m in stock. Krispy Kreme said its existing franchise partner in Michigan would keep a 27% share. This is the latest in a string of acquisitions by Krispy Kreme, which this year acquired certain operations from its franchisees in Kansas, Missouri and Texas, as well as completing its purchase of bakery chain Montana Mills.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- US food next wave on display at Winter Fancy Food
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Wessanen eyes growth in "resurgent" organic market
- Kraft Heinz pulls Unilever bid
- Unilever launches operational review
- Kerry operating earnings strengthen on slow sales
- General Mills issues profit warning
- Glanbia focuses on nutrition with Irish dairy spin