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Krispy Kreme Sells Majority Stake In Insomnia Cookies, Receives $127.4M Now, Additional $45M Expected Soon

Author: Benzinga Newsdesk | July 22, 2024 06:53am

$350 million enterprise valuation doubled since 2018 acquisition

Krispy Kreme, Inc. (NASDAQ:DNUT) today announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. The transaction represents a $350 million total enterprise value, which has doubled since Krispy Kreme's 2018 acquisitio

Posted In: DNUT


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