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Kahala Brands Scoops Up Pinkberry

Multi-concept franchisor Kahala Brands has acquired Pinkberry, a frozen yogurt concept headquartered in Santa Monica, Calif. The 10-year-old Pinkerry has more than 260 locations in 20 countries.

Kahala Brands will consolidate the California-based corporate operations and run the franchising platform for the brand from its headquarters in Scottsdale, Ariz.