Inspire Brands Eyes Dunkin’ India Rights from Jubilant
Key Highlights
Inspire Brands in talks to acquire Dunkin’ India franchise rights from Jubilant FoodWorks as current agreement ends. Potential expansion in the Indian market.
Inspire Brands, the global owner of the Dunkin’ chain, is reportedly in discussions with Jubilant FoodWorks to acquire the franchise rights for Dunkin’ in India. The potential transaction comes as Jubilant FoodWorks’ current franchise agreement for the brand is set to conclude in December.
This move signifies Inspire Brands’ intention to maintain and potentially expand Dunkin’s presence in the Indian market. The company is expected to seek a new local partner to manage and grow the brand in India following the acquisition of the rights from Jubilant.
Jubilant FoodWorks, a prominent Indian food service company, has been instrumental in operating and developing the Dunkin’ brand within the country. The conclusion of their franchise agreement marks a strategic shift for both entities.