Winston-Salem-based Krispy Kreme Doughnuts has announced an agreement to form one of its largest joint ventures to date, consolidating the Company-owned Miami, FL market with the currently franchised West Palm Beach market. Jim Cosentino, president of Dynamic Doughnuts, who is also the current Krispy Kreme franchisee for Buffalo, Rochester, Syracuse and Albany, NY - will become the operating partner, acquiring a majority interest in the venture.