May 15, 2007 10:23 AM

Kahala Corp, a franchiser, developer, and marketer of quick-service restaurants, and Cold Stone Creamery have merged to form a new company. Specific terms of the transaction were not disclosed.

The combined company, to be named Kahala•Cold Stone, will be a holding firm for 13 diversified brands. Kahala•Cold Stone will immediately consist of brands that generate more than $1.1 billion in systemwide sales in partnership with 3,000-plus franchisees and more than 4,600 retail locations in 15 nations.

Kahala•Cold Stone, which will be headquartered in Scottsdale AZ, will include these brands: Cold Stone Creamery, Blimpie, Frullati Café and Bakery, The Great Steak & Potato Company, Johnnie’s NY Pizzeria, NRgize Lifestyle Cafe, Ranch 1, Rollerz, Samurai Sam’s Teriyaki Grill, Surf City Squeeze, Taco Time, V’s Barbershop, and Wafflô.