WLMIY Wilmar International Ltd (PK)

   By Gaurav Raghuvanshi 
 

SINGAPORE--Kellogg Co. (K) and Wilmar International Ltd. (F34.SG) said Monday they set up a 50:50 joint venture in China to produce and sell cereal and snacks.

Wilmar will contribute its infrastructure, supply chain and distribution network in China to the Shanghai-based venture, while Kellogg will bring a portfolio of globally recognized brands and products, Singapore-based Wilmar said in a statement, without giving any financial details of the joint venture.

Wilmar's China subsidiary, Yihai Kerry Investments Co., will participate in the joint venture, the Singapore-listed commodities supplier said in the statement.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@dowjones.com

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