[Portfolio News] Curefoods Acquires Krispy Kreme’s South And West India Operations

F&B house of brands Curefoods has officially acquired the South & West India operations of Krispy Kreme, the US-headquartered global doughnut and coffee brand from Landmark Group. As part of this deal, Landmark Hospitality Services Limited is also taking a stake in Curefoods India.

Click here to read the full story on ‘The Hindu Business Line’

Below is an excerpt from the post that appeared on The Hindu Business Line on 31 December 2024:

Krispy Kreme’s South Indian operations were previously managed by Landmark Group, with close to 50 points of access across the country. This acquisition is set to accelerate Curefoods’ growth by tapping into the brand’s established customer base and operational network.

According to Curefoods, this acquisition marks a strategic move for it to expand its portfolio and enhance its presence in India’s thriving food service market. It has also signed a multi-year franchising agreement with Krispy Kreme Doughnut Corporation for developing over 350 additional points of access in India over the next 5 years.

Ankit Nagori, Founder, Curefoods, said, “We are thrilled to bring Krispy Kreme into Curefoods. The brand’s global legacy and strong consumer appeal align perfectly with our vision of offering diverse, high-quality food experiences. This partnership underscores our commitment to expanding into categories beyond our cloud kitchen ecosystem and investing in well-loved brands to enhance our presence in India’s food market.”

Click here to read the full story on ‘The Hindu Business Line’