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IMSA: Hormel purchases Pickett's Cytosport brand for $450 million

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IMSA: Hormel purchases Pickett's Cytosport brand for $450 million

By alley - Jul 2, 2014, 11:17 AM ET

Championship-winning American Le Mans Series team owner Greg Pickett has completed the sale of his nutritional product brand CytoSport to the Minnesota-based Hormel Foods Corporation, makers of Spam, among other food related items.CytoSport's most popular product, Muscle Milk, was the key acquisition for Hormel, according to its chairman and CEO."Muscle...

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