Cases & Lacambra advises on the formation of a joint venture for the expansion of the Krispy Kreme brand

Cases & Lacambra has advised the majority shareholder on the formation of a joint venture for the opening and operation of Krispy Kreme shops in Spain, together with its minority shareholder, a Krispy Kreme group company, by means of a complex shareholders’ agreement and a contractual structure for future openings.

The transaction is significant for the growth of the business into new markets and the expansion of the brand internationally. It is in line with the Krispy Kreme development strategy in Europe with the recent opening in France and the announcement of upcoming openings in Germany.

The firm team has been led by partner Bojan Radovanovic, partner of the Corporate M&A practice, together with associates Marc Roig and Óscar Ballester. The advice also included the Tax team led by partner David Navarro and associate Luca Giambiasi.