Deals

Pepsi Buys Muscle Milk in New CEO's First Move

Muscle Milk Fuels Fashion's Night Out — Photographer: John Lamparski/Getty Images

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Jonathan Roeder

February 19, 2019 at 11:07 PM UTC

This article is for subscribers only.

PepsiCo Inc.’s new Chief Executive Officer 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.