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Sweet deal: Planet Smoothie sold to Tasti D-Lite | Business

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Sweet deal: Planet Smoothie sold to Tasti D-Lite
Sweet deal: Planet Smoothie sold to Tasti D-Lite

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.

"The consumer profiles of Tasti D-Lite and Planet Smoothie are very similar, so combining the two complementary brands will provide both brands an opportunity to increase the scale of the combined store network as well as sales at the store level," Jim Amos, CEO of Tasti D-Lite, said in a statement.

Local Planet Smoothie locations include:

* North Point Mall, 1000 North Point Circle
* 4180 Old Milton Parkway, Suite 1G

* 2900 Peachtree Road, Suite 113, Buckhead
* Lenox Square, 3393 Peachtree Road NW, Buckhead

* 2148 Duluth Highway NW, Suite 113

East Point
* 3560 Camp Creek Parkway, Suite 150

* 1841 Mt. Zion Road

Peachtree City
* 1267 North Peachtree Parkway

* Cumberland Mall, 1000 Cumberland Mall
* 2014 Powers Ferry Road SE, Suite 350