Glanbia a favourite to buy US Monster Milk'

Glanbia a favourite to buy US Monster Milk'

Food, ingredients and performance nutrition group Glanbia remains one of two strong favourites to acquire the US private equity owned CytoSport.

Food, ingredients and performance nutrition group Glanbia remains one of two strong favourites to acquire the US private equity owned CytoSport - owner of the Monster Milk' brand at a reported price of around $500 million. The California-based company is currently financed by private equity group TSG Consumer Partners, a specialist in financing mid-market branded consumer goods companies in the United States.

CytoSport was founded by a father-and-son team in 1998, but since last June the...

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