Hormel Foods Announces the Sale of CytoSport to PepsiCo
Austin , Minn.
“PepsiCo has deep expertise and experience in the sports nutrition category and has been a long-standing distribution partner for CytoSport and the Muscle Milk® brand, which puts them in a strong position to grow this dynamic business,” said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. “We look forward to working with PepsiCo to ensure a smooth transition for our team members, suppliers, customers and consumers.”
Further details regarding the transaction will be provided during the company’s earnings call on February 21, 2019, at 8:00 a.m. CT (9:00 a.m. ET).