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Krispy Kreme Coming to Baltics: 25 Stores Planned!
30 Jun
Summary
- Apollo Group to open up to 25 Krispy Kreme stores by 2030.
- First Krispy Kreme shop opens in Tallinn by year-end.
- Option secured for Krispy Kreme expansion into Finland.
Apollo Group has announced a major expansion, securing rights to develop and open up to 25 Krispy Kreme doughnut shops throughout the Baltic States between 2026 and 2030. This strategic move aligns with Apollo Group's long-term growth objectives and regional expansion plans, introducing a new brand focused on sweet products and coffee beverages to its portfolio.
The first Krispy Kreme store is anticipated to open in Tallinn by the end of the current calendar year. Additionally, APL Sweets OÜ has obtained an option, valid until December 31, 2027, to pursue a Development and Franchise Agreement for Krispy Kreme outlets in the Republic of Finland.
This development signifies a considerable step for Apollo Group, which already operates several well-known food service brands in the Baltic States and Finland. The company's existing portfolio includes Lido, Vapiano, KFC, MySushi, Blender, Delano, and CAN CAN Pizza.
