Krispy Kreme opens shop in Thailand
September 28, 2010
by Eric Schroeder
WINSTON-SALEM, N.C. — Krispy Kreme Doughnut Corp. is entering its 21st country with the announcement that its franchisee, KDN Company Ltd., has opened the first Krispy Kreme donut shop in the Kingdom of Thailand. The new store is located in the Siam Paragon shopping center, which is located in the heart of the Bangkok business district.
“As we continue the expansion of our brand around the world, we are thrilled that now consumers in Thailand will be able to share in the unique Krispy Kreme donut experience,” said Jeff Welch, president of international at Krispy Kreme. “KDN Company Ltd. is led by an accomplished group of business professionals, and we believe they will be a strong franchise partner for Krispy Kreme. We have great confidence in their ability to represent our brand and offer one-of-a-kind Krispy Kreme products to the Thai consumer.”
KDN Company Ltd. is majority owned and controlled by Ausanee Mahagitsiri. Ms. Mahagitsiri and her family own and operate the PM Group, one of Thailand's largest conglomerates with interests in cold rolled stainless steel, golf courses/resorts, real estate development and instant coffee in partnership with Nestle under the Nescafe trademark in Thailand.
In addition to Thailand, Krispy Kreme operates donut shops in the United States, Australia, Bahrain, Canada, China, Dominican Republic, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, the Philippines, Puerto Rico, Qatar, the Republic of Korea, the Kingdom of Saudi Arabia, Turkey, the United Arab Emirates and the United Kingdom.