Industry News | July 25, 2012
Dunkin’ Plans Aggressive Growth in Latin America
Dunkin' Donuts today announced that it has signed agreements with three of its existing Latin American partners to expand the brand further in the region.
The agreements call for more than 125 new Dunkin' Donuts restaurants to be developed over the next 10 years by Dunkin' Donuts' local partners Fagase S.A. in Chile, Donucol, Ltd. in Colombia, and Nutra S.A. in Peru.
The new agreements call for 38 new Dunkin' Donuts restaurants in Chile, 70 additional locations in Colombia, and 25 new shops in Peru. All of the new restaurants will feature Dunkin' Donuts' coffee and baked goods. They will also feature menu items inspired by local flavor trends, like Manjar or Arequipe (Dulce de Leche) Donuts in all three countries and the Iced Chicha Fruit Coolatta in Peru, which is made with Peruvian purple corn.
"We are excited to bring Dunkin' Donuts' wide range of high-quality beverages and baked goods to even more consumers across Latin America," says Giorgio Minardi, president, Dunkin' Brands International. "We already have great traction for our brand in Chile, Colombia, and Peru as a result of our relationships with these three experienced, successful, in-country partners, and believe Dunkin' Donuts has an even brighter future in Latin America as a result of these expansion plans."
Dunkin' Donuts has more than 300 restaurants across Latin America, including more than 200 locations in Chile, Colombia, and Peru, as well as locations in countries including Ecuador, Honduras and Panama.
Dunkin' Donuts also recently announced its entry into Guatemala. The first Dunkin' Donuts location in that country opened in Miraflores in May 2012. The brand's local partner in Guatemala, Grupo Intur, also operates 42 Dunkin' Donuts restaurants in Honduras.
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