CANTON, Mass., Jan. 21, 2016 /PRNewswire/ -- Dunkin' Brands, the
parent company of two of the world's most recognizable brands,
Dunkin' Donuts and Baskin-Robbins, today announced that it has
signed a master franchise agreement with Grand Parade Investments
Limited (GPI) to begin developing Dunkin' Donuts and Baskin-Robbins
restaurants in South Africa. The
agreement remains subject to GPI's receipt of approval from the
Financial Surveillance Department of the South Africa Reserve Bank.
Under the agreement, GPI will develop more than 250 Dunkin' Donuts
restaurants and more than 70 Baskin-Robbins shops in South Africa over the coming years, with an
initial focus on Cape Town and
Johannesburg. The agreement also
calls for the introduction of Baskin-Robbins ice cream products to
supermarket chains and convenience stores in South Africa over the next several years.
"As we continue our global expansion of Dunkin' Donuts and
Baskin-Robbins, we are delighted to work with GPI to bring both
brands to South Africa," said
Bill Mitchell, President, Dunkin'
Brands International. "GPI has a wealth of experience in the local
restaurant and retail industry, and a strong focus on operational
excellence. We look forward to supporting GPI in their efforts to
make Dunkin' Donuts and Baskin-Robbins available to a growing
number of customers in South
Africa in the years ahead."
Dunkin' Donuts is one of the world's leading coffee and bakery
chains, with more than 11,500 restaurants in 40 countries
worldwide. Dunkin' Donuts restaurants in South Africa will feature the brand's wide
range of high-quality hot and iced coffees, lattes, espresso,
cappuccino, teas, Coolatta® frozen drinks, sandwiches, bagels, and
donuts, all served fast in friendly, convenient locations and at a
great value. The brand will also offer regional menu items to cater
to local tastes.
Baskin-Robbins is the world's largest chain of ice cream
specialty shops, with more than 7,600 locations in nearly 50
countries worldwide. Baskin-Robbins shops in South Africa will feature the brand's
extensive selection of hard scoop ice cream flavors, as well as ice
cream cakes, frozen beverages, ice cream sundaes and take home
treats. Baskin-Robbins ice cream will also be available in select
retail shops in the coming years.
"At GPI we work with world-class partners to develop brands that
will resonate with South African consumers, which is why we're
thrilled to bring Dunkin' Donuts and Baskin-Robbins to the market,"
said Hassen Adams, Executive
Chairman at GPI. "We aim to grow both brands and contribute
significantly towards the South African economy while ramping up
efforts to create more jobs."
For more information about Dunkin' Donuts, please visit
www.DunkinDonuts.com. For more information about Baskin-Robbins,
please visit www.BaskinRobbins.com.
About Dunkin' Donuts
Founded in 1950, Dunkin' Donuts
is America's favorite all-day, everyday stop for coffee and baked
goods. Dunkin' Donuts is a market leader in the hot
regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin
categories. Dunkin' Donuts has earned the No. 1 ranking for
customer loyalty in the coffee category by Brand Keys for nine years running. The company
has more than 11,500 restaurants in 40 countries worldwide. Based
in Canton, Mass., Dunkin' Donuts
is part of the Dunkin' Brands Group, Inc. (Nasdaq: DNKN) family of
companies. For more information, visit www.DunkinDonuts.com.
About Baskin-Robbins
Named the top ice cream and
frozen dessert franchise in the United
States by Entrepreneur magazine's 36th annual Franchise
500(r) ranking in 2014, Baskin-Robbins is the world's largest chain
of ice cream specialty shops. Baskin-Robbins creates and markets
innovative, premium hard scoop ice cream and soft serve, custom ice
cream cakes and a full range of beverages, providing quality and
value to consumers at more than 7,600 retail shops in nearly 50
countries. Baskin-Robbins was founded in 1945 by two ice cream
enthusiasts whose passion led to the creation of more than 1,300
ice cream flavors and a wide variety of delicious treats.
Headquartered in Canton, Mass.,
Baskin-Robbins is part of the Dunkin' Brands Group, Inc. (Nasdaq:
DNKN) family of companies. For further information, visit
www.BaskinRobbins.com.
About Grand Parade Investments
Grand Parade
Investments Ltd. (GPI) was formed in 1997, as a truly Broad-based,
Black Economic Empowerment investment holding company. It has since
grown as an enterprise with investing interests in the food, gaming
and leisure industry. With a substantial shareholder base
representing a broad spectrum of the population of the Western
Cape, GPI has been trading effectively on the JSE since 2008 and
has consistently grown its portfolio to the benefit of all of its
shareholders on an annual basis. In addition its ownership of
Grandplay, it also has a 25.1% shareholding in Sunwest (Pty) Ltd,
which comprises both GrandWest Casino and The Table Bay Hotel,
25.1% of the Golden Valley Casino, and presently operates over 3500
LPMs at over 700 different locations across the Western Cape,
Gauteng, KwaZulu-Natal and Mpumalanga. GPI owns MacBrothers
Catering Equipment, 10% of Spur Corporation and 51% of Grand
Tellumat Manufacturing and is also the proud owner of the Burger
KING® master franchise for South
Africa.
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SOURCE Dunkin' Brands Group, Inc.