Nexxus Exits Krispy Kreme Mexico

Source(s): Nexxus Capital

Mexico-focused private investment fund manager Nexxus Capital has divested its stake in Krispy Kreme Mexico, a Mexico-based subsidiary of Taco Holding, to the global brand owner Krispy Kreme Doughnut Corporation. Nexxus began investing in Taco Holding’s subsidiary restaurants in Mexico in 2011. Financial details of the transaction were not disclosed.