Krispy Kreme has opened its first store in Spain as part of the doughnut chain’s push to grow its international presence through franchise partnerships.
The company launched its first Hot Light Theater Shop in Madrid on October 2 through a joint venture with Glaseados Originales SL, its first in the Spanish market.
“We’re thrilled to introduce Krispy Kreme’s iconic, fresh-made doughnuts to Spain,” said Krispy Kreme CEO Josh Charlesworth.
“Partnering with Glaseados Originales SL not only strengthens our international presence with a highly experienced local operator but also reinforces our commitment to scaling efficiently through our franchise model that supports sustainable, profitable growth.”
Krispy Kreme said it will open two additional shops in Madrid by the end of the year and expand to more than 50 locations across Spain over the next four years.
This will include five Hot Light Theater Shops in major cities such as Barcelona and Valencia, which will also serve as production hubs.
The company said further openings are planned in markets including Málaga, Zaragoza, and Bilbao, citing strong enthusiasm from Spanish customers.
After entering the Brazilian market earlier this year, Krispy Kreme will open two new locations in São Paulo by the end of the year, through a joint venture with Ipiranga’s AmPM, including a Krispy Kreme full retail format, and a compact kiosk concept.
In Uzbekistan, Krispy Kreme will open its first shop in October in its capital, Tashkent, through a franchise partnership with Food Town Logistics-Group.
The franchisee plans to open more than 70 locations over the next five years.