R.F.G. to acquire donut shop competitor
SOUTHPORT, QUEENSLAND — Retail Food Group Ltd. (R.F.G.), an Australian retail food brand manager and franchisor with more than 1,059 franchised outlets under the Donut King, Michel’s Patisserie, Brumby’s Bakeries and bb’s cafe franchise systems, has reached agreement to acquire the Donuts Coffee & Muffins franchise system. The company plans to re-brand the 23 Donuts Coffee & Muffins outlets and align them within the Donut King network. Retail Food also agreed to reacquire the Brumby’s Bakeries master franchise territories for North Queensland and New Zealand. There are 37 outlets within the Brumby’s North Queensland territory and 19 outlets within New Zealand.