Sweet: Krispy Kreme could be planning an IPO in London
Krispy Kreme is planning an IPO in London, Morning Wire understands. It may be a volatile time to do it – but we'd imagine there will be a hole lot of interest…
Sky News reported that the company's owner, Alcuin Capital Partners, had appointed Investec to oversee the flotation.
The news comes a day after chocolatier Hotel Chocolat announced plans to list on the London Stock Exchange, with hopes of a £150m valuation, Morning Wire understands.
That's despite recent volatility on equities markets, with market turmoil causing shares across the world to lose value since the beginning of the year.
The company, which was founded in North Carolina in 1937, opened its first store in the UK in 2003, and has stores in Edinburgh, Bristol, Birmingham and Leeds – as well as a concession in Harrods.
Both Alcuin and Investec declined to comment.