BATTLE CREEK, Mich. (AP) -- Cereal and snack maker Kellogg Co. says it has acquired Specialty Cereals Pty. Ltd., a privately owned manufacturer of natural ready-to-eat cereals based in Sydney, Australia.
Kellogg didn't disclose financial terms in Thursday's announcement.
But the Battle Creek-based company says with Specialty Cereals' annual net sales of about $17 million, the deal isn't expected to affect Kellogg's 2008 operating profit.
The acquisition adds a small factory to Kellogg's Australian manufacturing network.
Specialty Cereals has been a making and packaging products for Kellogg for 20 years.
Kellogg's brands include Rice Krispies cereal, Eggo frozen waffles and Keebler cookies.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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