Business

Dunkin’ Donuts signs deal to open 65 restaurants in Brazil

Photo taken from Dunkin’s website.
Photo taken from Dunkin’s website.

Dunkin’ Donuts, the Canton-based coffee-and-baked-goods chain, said Thursday that it has signed an agreement to open about 65 locations in Brazil.

Plans call for a franchise company known as OLH Group to open the Dunkin’ Donuts restaurants in the Brasília and Goiás areas over the next several years, the chain said.

Dunkin’ Donuts said it currently has nearly 11,000 restaurants around the world, including about 325 locations across Latin America. Those Latin American locations are in Chile, Colombia, Ecuador, Guatemala, Honduras, Panama, and Peru.

Advertisement—Continue Reading Below

The chain added that it is still looking to recruit multi-unit franchisee candidates to develop the brand in other Brazilian markets, including Sao Paulo and Rio de Janeiro.

The parent company of Dunkin’ Donuts is Dunkin’ Brands Group, which also operates the Baskin-Robbins ice cream chain.

Shortly after Dunkin’ Brands was bought in 2006 by a consortium of private equity firms made up of Bain Capital Partners LLC, the Carlyle Group, and Thomas H. Lee Partners LP, the company disclosed ambitious expansion plans for Dunkin’ Donuts.

Earlier this year, Dunkin’ Brands said that Dunkin’ Donuts and Baskin-Robbins franchisees should open between 685 and 800 net new locations during 2014.

At the end of 2013, the company said that there were 18,249 Dunkin’ Donuts and Baskin-Robbins locations worldwide.

Share