Danone does not miss out the frozen yogurt market

The French food group, the  Danone announced on Wednesday that the company will buy the YoCream International company manufacturer and distributor of frozen yogurts for  103 million USD.

Due to this business, Danone will enter to the frozen yogurt market, which is the fastest growing segment in the United States.

The YoCream’s 2010 net sales are estimated for 58 million USD. The transaction is expected to be completed at the end of the year – reports ProfitLine.hu.