Hormel Foods Corp., Austin, Minn., acquired CytoSport Holdings, Inc., the Benicia, Calif., maker of Muscle Milk products. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 30 days.
As a leading provider of premium protein products in the sports nutrition category, CytoSport’s brands align with the company’s focus on protein while further diversifying Hormel Foods’ portfolio.