ATLANTA -- Tasti D-Lite has purchased Planet Smoothie for an undisclosed amount.
Atlanta-based Planet Smoothie sells smoothies and all-natural snacks at more than 100 stores, mostly in Georgia and Florida.
In April, Atlanta Business Chronicle reported Planet Smoothie generated $25 million in revenue in 2010, down from $26 million in 2009. Its parent company, Petrus Brands LLC, said at the time it was not giving up on the brand and planned to expand by 10 to 15 stores in 2011.
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Franklin, Tenn.-based Tasti D-Lite is a frozen dessert chain that caters to health-conscious consumers. The chain has international locations in Mexico, United Arab Emirates and Australia.