PepsiCo Makes $1.2B Deal to Buy Better-for-You Food Brand
PepsiCo, Inc. plans to expand its better-for-you food portfolio as it enters into a definitive agreement to buy Garza Food Ventures LLC, also known as Siete Foods. Founded in 2014, Siete makes heritage-inspired tortillas, salsas, seasonings, sauces, cookies, snacks and more.
It’s a big day for Siete Family Foods. PepsiCo has agreed to acquire the Austin-based packaged food company for $1.2 billion.
PepsiCo’s stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced ...
(Reuters) -PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street ...
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Siete Foods is having a huge year. After Eva Longoria joined as investor, the Texas brand is set to be acquired by PepsiCo.
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