Krispy Kreme, Inc. (NASDAQ: DNUT) is an American multinational doughnut company and coffeehouse chain. The company is one of the most beloved and well-known sweet treat brands in the world. Their iconic Original Glazed doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Founded in 1937, the chain began as a single location that sold yeast-raised donuts to local grocery stores. In 2016, the company was acquired by German investment firm, JAB Holding Company, for $1.35B. In 2018, Krispy Kreme acquired bakery chain Insomnia Cookies, which continues to operate independently. In July 2021, Krispy Kreme became publicly traded again. As of January 2023, the company operated more than 1,700 Krispy Kreme shops and over 230 Insomnia Cookies-branded shops in approximately 30 countries worldwide. The company had a 2022 market cap of $1.72B and a revenue of $1.52B. The company is headquartered in Charlotte, NC.

JAB Holding Company is a privately held group focused on long-term investments in companies with premium brands. Established in 2012, their investment partnerships operate in the areas of consumer goods, forestry, coffee, luxury fashion, animal health, and fast food, among others. The company owns brands such as Coty, Krispy Kreme, Caribou Coffee, Einstein Bros Bagels, Espresso House, Panera Bread, Peet’s Coffee, Pret a Manger, and Dr Pepper Snapple Group. It also owns a minority stake in a few other companies. In 2021, JAB’s investment portfolio had a net profit of $5.1B. As of the end of 2022, they have over $50B of managed capital. JAB Holding Group is headquartered in Luxembourg, Germany.