Retail

Krispy Kreme looks to raise as much as $640 million through IPO

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Doughnuts are sold at a Krispy Kreme store on May 05, 2021 in Chicago, Illinois. The doughnut chain reported yesterday that it plans to take the company public again.

Scott Olson | Getty Images

Krispy Kreme is looking to raise between $560 million to $640 million through an initial public offering this year, according to regulatory filings from Tuesday.

The doughnut chain first went public 21 years ago during the dotcom bubble. In 2016, JAB Holding, the investment arm of the Reimann family, took Krispy Kreme private after buying it for $1.35 billion. JAB owns a number of other restaurant businesses, including Panera Bread and Caribou Coffee.

This time around, amid another hot market for…



Source cnbc.com

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