Nation's Restaurant News is reporting that Kahala Brands has purchased Pinkberry for an undisclosed amount of money, with the Santa Monica-based chain having its corporate operations moved to the Kahala headquarters in Scottsdale, AZ. The 260-unit frozen yogurt company--which is seen by many as helping start the recent froyo craze--has a number of shops in the local area, including in Beverly, Boston (6), Braintree, Cambridge, Chestnut Hill, Hingham, and Wellesley.
In addition to Cold Stone Creamery and Blimpie, Kahala also operates such brands as Planet Smoothie, Samurai Sam's, America's Taco Shop, Great Steak, and more.
Thanks to @FoodserviceEast for initially bringing this to our attention.
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[Related article from our sister site (Boston's Hidden Restaurants): Slideshow--Ten Great Desserts from Boston-Area Spots]