Krispy Kreme has signed an agreement with Huan Hsin to develop 10 new franchise locations in Taiwan over the next five years.
Huan Hsin has been doing business in Taiwan, Malaysia, and China for the past 30 years with a portfolio of businesses in the restaurant sector, food processing and importation, and electronics manufacturing.
"Taiwanese people have much experience with Western food and have been consuming it throughout the years,” said Hung Chun Hsu, president of Huan Hsin.
“Doughnuts are very popular in Taiwan, and we expect the market to grow quickly for Krispy Kreme through our signature Original Glazed doughnut and premium coffees. We are excited to be part of the worldwide Krispy Kreme family."
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