Siete Foods officially joins PepsiCo stable of brands

Siete Foods officially joins the PepsiCo stable of brands
PepsiCo (NASDAQ:PEP) closed on its $1.2 billion acquisition of Siete Foods on Friday, in a move that expands its portfolio with an authentic Mexican-American brand. The deal is anticipated to enhance PepsiCo's (NASDAQ:PEP) multicultural offerings and strengthens its position in the better-for-you food segment.
PepsiCo Completes Acquisition of Siete Foods
PepsiCo Inc. has completed its acquisition of Garza Foods Ventures LLC, dba Siete Foods for $1.2 billion, according to a release from the company. The deal was first agreed upon and announced in October 2024, and it is the latest snack-related deal for the company, building upon prior acquisitions of PopCorners, Bare, Stacy’s Pita Chips and Sabra.
PepsiCo closes $1.2 billion Siete Foods acquisition
PURCHASE, NY. — Three-and-half months after unveiling the $1.2 billion deal, PepsiCo, Inc. has wrapped up its acquisition of Mexican-American food and snack brand Siete Foods.
PepsiCo acquires Siete Foods for $1.2 billion
This acquisition is a clear indication of PepsiCo (NASDAQ:PEP)'s strategy to adapt and grow within the health-conscious segment of the food industry. The information reported is based on a press release statement from PepsiCo.
Pepsi Completes Acquisition of Siete Foods
PepsiCo, Inc. today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion. Over the past two decades, PepsiCo has transformed its portfolio to include great-tasting convenient foods and drinks that are nutritious,
PepsiCo Acquires Siete Foods For $1.2 Bln
Friday announced that it has closed the acquisition of Siete Foods, a growing brand known for its better-for-you,
Siete's $1.2B acquisition by PepsiCo finalized
Centerview Partners LLC was lead financial advisor to PepsiCo (Nasdaq: PEP) and Citi also served as financial advisor. Gibson Dunn & Crutcher LLP acted as legal advisor to PepsiCo
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PepsiCo acquires Mexican snack maker Siete Family Foods for $1.2 billion
PepsiCo, Inc., has entered into an agreement to acquire Siete Family Foods. The transaction value is $1.2 billion. This is reported in a PepsiCo press release. The transaction is expected to be ...
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Austin Business Journal: Siete Family Foods' retail sales reach $400M
Siete Family Foods tortilla chips are on 37 thousand retail shelves in North America. But getting there didn't happen overnight. Sahar Chmais with the Austin Business Journal gives us insight.
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The kids’ book that makes Siete Family Foods CEO Miguel Garza cry Siete Family Foods CEO Miguel Garza shares his reading list ‘The White Tiger’ director Ramin Bahrani listens to Bob Dylan to ...