European investment firm JAB Holding on Monday announced the acquisition of US-based coffeehouse chain Krispy Kreme Doughnuts in a deal worth about $1.35 billion. This comes after JAB's acquisition of coffeemaker Keurig Green Mountain and food conglomerate Mondelez's coffee business. Founded in 1937, Krispy Kreme has 1,100 outlets worldwide including ones in Delhi, Bengaluru and Mumbai.