Krispy Kreme, Inc. Accelerating Growth in Canada


TORONTO — Krispy Kreme, Inc. has signed a definitive agreement to partner with franchisee and operator Krispy K Canada, which owns and manages 10 points of access throughout Ontario and Quebec. The investment will allow the company to expand its omni-channel strategy, including its shops, e-commerce, delivery and retail.

Operating partners, Christopher Lindsay and Kelcey Hamaker, will remain as co-CEOs of Krispy K Canada after the transaction is completed. Following this transaction, Krispy Kreme will control 75 per cent of sales across its global network.

“Working with Krispy Kreme for so many years, we know that the company shares our belief in the potential for growth here in Canada,” says Lindsay. “Our strong recent performance is a testament to that potential, and our ability to deliver a great Krispy Kreme experience across different formats has been a key driver of this success. We’re thrilled to continue to work alongside our partners at Krispy Kreme to deliver on our vision of providing more people the most awesome doughnut experience on earth.”

“We’re extremely excited to partner with Chris and Kelcey to help them deliver on their vision and expand our reach in Canada, tapping into their local experience to accelerate our growth,” says Mike Tattersfield, CEO of Krispy Kreme. “Through our global transformation, we have laid the groundwork to capitalize on the runway for growth in Canada by deploying our omni-channel strategy.”

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