Dunkin' Donuts to grow presence in Latin America
by Eric Schroeder
CANTON, MASS. — Dunkin’ Donuts has signed agreements with three of its existing Latin American partners to expand the brand in the region. As part of the agreement, more than 125 new Dunkin’ Donuts restaurants are expected 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 agreements call for 38 Dunkin’ Donuts restaurants in Chile, 70 additional locations in Colombia and 25 shops in Peru.
In addition to Dunkin’ Donuts’ traditional menu of coffee, frozen drinks, iced tea and baked goods, the restaurants will feature menu items inspired by local flavor trends, such as 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,” said Giorgio Minardi, president of 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 currently has more than 300 restaurants across Latin America, including more than 200 locations in Chile, Colombia and Peru, as well as locations in Ecuador, Honduras and Panama.
Earlier this week, Dunkin’ Donuts signed a franchisee agreement to expand the brand’s presence in Germany, and earlier this year announced its entry into Guatemala.