Danone Acquires YoCrunch
Danone, France, acquired YoCrunch, a Naugatuck, Conn.-based mix-in toppings specialist, to support continued yogurt growth in the United States.
YoCrunch makes yogurt with crunchy toppings packaged separately, in part through licensing agreements with M&Ms and Oreo, among others. With net sales of $110 million and sustained double-digit growth in recent years, this acquisition will advance Danone’s ambition to further develop yogurt consumption and strengthen its offerings in the United States.
The move will also enable Danone to benefit from YoCrunch’s unique expertise in compartmentalized packaging.