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.
Siete's $1.2B acquisition by PepsiCo finalized
Siete is officially part of PepsiCo Inc. The global food and beverage company announced plans to acquire Austin-grown Garza Food Ventures LLC, known as Siete, late last year — a $1.2 billion deal that was finalized Jan. 17. It’s unclear if Siete will move its headquarters or continue to be based in Austin.
PEPSICO COMPLETES ACQUISITION OF SIETE FOODS
PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion.
PepsiCo's $1.2B Buyout of Siete to Strengthen Its Food Portfolio
PepsiCo, Inc. PEP has been experiencing strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest revelation,
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,
PepsiCo finalizes acquisition of Siete Foods
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.
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