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Hormel Foods sells CytoSport

PepsiCo is will be the new owner.

Apr 16, 2019
Hormel Foods logo
Hormel Foods logo

Hormel Foods Corporation has completed the sale of its CytoSport business to PepsiCo, Inc. at a cost of $465 million, subject to working capital adjustments. The transaction includes the Muscle Milk and Evolve brands.

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Hormel Foods
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