Alcuin investment in Krispy Kreme Uk
Alcuin is pleased to announce its investment in Krispy Kreme UK the leading retailer of premium quality doughnuts, in a management buyout that will support its ambitious growth plans.
Krispy Kreme opened its first UK store in London in October 2003 and has since opened 45 stores across the UK, in key cities such as Manchester, Leeds, Birmingham and Bristol.
The company also operates more than 350 in-store cabinets with retail partners including Tesco. Over the next four years, the company will focus on growing its core business, which will take its total number of UK sites to 80 by 2015.
Richard Cheshire, joint managing director of Krispy Kreme UK, said: “We are delighted to bring Alcuin into the Krispy Kreme family in the UK, and look forward to working with Mark Storey and the team going forward.”
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