Dannon parent company buys U.S. yogurt maker YoCrunch
YoCrunch is known for the candy and cereal toppings in its yogurt snacks.
Danone, the parent company of U.S. dairy processor Dannon, announced today that it has acquired 100% of YoCrunch’s share capital. Dannon ranks 21st of the 2013Dairy 100,Dairy Foods' annual ranking of the largest dairy processors in the United States and Canada. Dannon reported revenues of $1.8 billion for 2012. YoCrunch (listed as The YoFarm Co.) ranks 77th, with 2012 revenues of $155 million. Ron Fugate is president.
Dannon also owns a portion of the organic-dairy brand Stonyfield Farm.