Krispy Kreme Doughnut Corp. said Thursday it has reached a deal to expand into Thailand with 20 new franchise locations over the next 5 years.
The Thai company KDN Co. Ltd. will open the shops. Financial terms were not disclosed.
Krispy Kreme has locations in 18 countries including Japan, South Korea and the Philippines.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.