Hormel Foods Corp. said Tuesday it is selling its CytoSport business, including Muscle Milk products, to PepsiCo. The Austin-based food company offered few details, but said it will discuss the sale ...
US food and beverage giant PepsiCo has acquired sports nutrition business CytoSport from local peer Hormel Foods for an undisclosed sum. Bought by Minnesota-based Hormel in 2014 for US$450m, CytoSport ...
June 30 (Reuters) - Hormel Foods Corp HRL.N said it would buy CytoSport Holdings Inc for about $450 million, to add Muscle Milk sports nutrition products to its portfolio of brands. Hormel Foods said ...
New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount. Hormel Foods — ...
Hormel Foods is buying Muscle Milk maker CytoSport for approximately $450 million, a move that will diversify its business and tap into younger consumers' demand for sports nutrition products. Hormel ...
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