South African Burger King Owner Dumps Dunkin' Donuts Chain
- Grand Parade Investments also plans to shutter Baskin-Robbins
- Company’s efforts to sell unprofitable units have failed
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South African fans of U.S.-branded hot, glazed doughnuts with a gulp of coffee are about to see one well-known choice disappear.
The company that owns Dunkin’ Brands Group Inc.’s local Dunkin’ Donuts chain has applied for voluntary liquidation of the unit. South African leisure company Grand Parade Investments Ltd., which ran the stores as a franchisee since late 2016, is also closing down its Baskin-Robbins ice cream stores, another Dunkin’ chain.