Krispy Kreme Doughnuts has signed a development agreement with Barcenas Group International Inc., to bring 16 Krispy Kreme Doughnuts shops to Panama over the next five years.
"This agreement marks our company's second partner in Central America and the continued growth of the Krispy Kreme Doughnuts brand in Latin America," said Dan Beem, Krispy Kreme Doughnuts' Senior Vice President and President - International. "Our partners in Panama, Barcenas Group International Inc., understand the demands of the Panamanian customer and have what it takes to create the experience enjoyed in our shops around the world. We are excited to be working with them in this new market."
Rafael Barcenas, President of Barcenas Group International Inc., said the people of Panama will love Krispy Kreme Doughnuts sweet treats and premium coffee.
"I am excited to help bring the classic and beloved Krispy Kreme Doughnuts brand to Panama," said Barcenas. "The Panamanian people will have a new favorite once they try the Krispy Kreme Doughnuts products loved all over the world."
