Dunkin' Brands Inc (DNKN.O) has signed a master franchise agreement with Grand Parade Investments Ltd to open its first Dunkin' Donuts and Baskin-Robbins restaurants in South Africa.
The company said Grand Parade would develop more than 250 Dunkin' Donuts and 70 Baskin-Robbins outlets in the country over the coming years, with a focus on Cape Town and Johannesburg.
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