Food & Beverage M&A » By The Online Investor Staff, updated Fri., Apr. 19, 6:27 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
Slide #83. Rocky Mountain Chocolate Factory — YHI, Inc
Acquirer: |
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) |
Acquiree: |
YHI, Inc |
Details: |
Yogurtini (YHI, Inc), the popular national self-serve frozen yogurt franchise created by two sisters and based in Tempe, Arizona, today announces that it has entered into a definitive acquisition by Rocky Mountain Chocolate Factory, Inc. (NASDAQ Global Market: RMCF) headquartered in Durango, CO, for an undisclosed amount. In addition, Rocky Mountain Chocolate Factory will be purchasing a controlling equity interest in U-Swirl, Inc., headquartered in Henderson, NV. |
Rocky Mountain Chocolate Factory is an international franchisor, confectionery manufacturer and retail operator. Co. manufactures a line of chocolate candies and other confectionery products. Co. also sells its candy in select locations outside of its system of retail stores and licenses the use of its brand with certain consumer products. Co. has one Co.-owned, several licensee-owned and franchised Rocky Mountain Chocolate Factory stores operating in various states, Panama, and the Philippines.
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April 19, 2024 6:27 AM Eastern
Buy (3.00 out of 4)
100th percentile
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