Indonesia-based multibrand F&B operator DailyCo’s subsidiary has acquired Dunkin’ Donuts’ licensee in the country, according to an announcement on Friday.
DealStreetAsia broke the news first back in March. Back then, the discussions were still ongoing, and another local bakery and pastry brand, PT Inti Prima Rasa, was also in discussions, according to sources.
Inspire Brands, the global multi-brand restaurant company behind Arby’s, Baskin-Robbins, Buffalo Wild Wings, Jimmy John’s, and SONIC, said in a statement that it has appointed PT Diamond Donuts Internasional (DDI) as the exclusive master franchisee of Dunkin’ in Indonesia, marking a significant relaunch of the coffee and donut chain’s operation in the country.
Corporate filings with Indonesia’s Ministry of Law and Human Rights show that PT DDI was incorporated in July 2025. DailyCo founder and CEO Kelvin Subowo holds a 99% stake in the entity, while PT Sendok Garpu Internasional, DailyCo’s Indonesia entity, holds the remaining 1%. DailyCo’s CFO Putri Karina is listed as the commissioner.
DDI is registered at Daily Avenue, Jl. Dailybox No. 1—the same address as DailyCo’s headquarters in Tangerang—suggesting operational integration with the DailyCo group. This move marks DailyCo’s third acquisition this year, following Waku and Yummy Corp.
DDI is led by industry executive Juan Chene, serving as managing director; with Subowo serving as director.
According to Inspire Brands, the appointment is aimed at revitalising Dunkin’s local presence through new store concepts, localised product innovation, and a stronger digital engagement strategy. Under the agreement, DDI will own and operate all Dunkin’ restaurants directly in Indonesia while also partnering with sub-franchisees to broaden accessibility for customers.
It plans to open the first new Dunkin’ location in Jakarta in Q4 2024, followed by a phased rollout across the nation. This expansion will include a mix of formats, from flagship high-traffic stores to smaller neighbourhood cafes, tailored to different locations and customer profiles.
“This alliance between Inspire Brands and DDI as the exclusive master franchisee in the country marks a strategic step forward for Dunkin’ in Indonesia. Kelvin, Juan, and the leadership team bring both proven operational sophistication and unmatched local expertise,” said Michael Haley, President and Managing Director, International for Inspire Brands. “Their strong infrastructure and deep knowledge of the Indonesian F&B landscape create an ideal foundation for Dunkin’s next chapter of growth here.”
DDI Managing Director Juan Chene said, “We are excited to bring Dunkin’s world-class coffee, donuts, and savoury snacks to more communities across Indonesia. Our country’s bakery and café culture is thriving, and Dunkin’s commitment to quality, consistency, and innovation aligns perfectly with what Indonesian consumers are looking for today. Together with Inspire Brands, we are confident DDI will help Dunkin’ reach a wider customer base nationwide.”
Dunkin’s previous franchise holders, PT Dunkindo Lestari, managed the brand since 1985 and oversaw over 200 outlets across the country during its prime days. However, it has continued to decline amid tight competition with other franchised bakery brands as well as local bakery chains.
For 75 years, Dunkin’ has been a global leader in coffee and donuts, with more than 14,000 restaurants in nearly 40 countries worldwide. Guests can choose from a wide variety of hot and iced coffee, espresso beverages, teas, and refreshing drinks, along with a broad range of donuts, sandwiches, and snacks that blend classic recipes with locally inspired flavours.
