SCOTTSDALE, Ariz. — Kahala Cold Stone has announced the acquisition of Cereality Cereal Bar & Café. Specific terms of the transaction were not disclosed.
Founded in 2003, Cereality customers choose a base from Cereality's menu of more than 30 cereal varieties and signature cereal blends, and select from 40 toppings and mix-in combinations to create their ultimate bowl. The offerings extend to parfaits, smoothies, cereal bars and other bakery items.
Cereality has seven cafés in operation, with an eighth location scheduled to open at JFK International Airport later this month. Cereality also holds franchise commitments for the opening of an additional 24 cafés over the next six years.
Cereality marks the first acquisition by the recently formed Kahala Cold Stone.
