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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. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion.
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 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,
2d
on MSN
Pepsi hurt small businesses by giving big-box retailer financial advantages, the FTC claims
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
2d
on MSN
US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price ...
Hosted on MSN
1d
Pepsi discontinues ‘permanent’ flavor, debuts a completely different one
Pepsi is planning to debut a brand-new flavor this month, marking its first “permanent” addition to the brand’s beverage ...
5d
on MSN
Love Nostalgic Sodas? You Need to Try Pepsi’s New Flavor
The original Pepsi Wild Cherry has been around since 1988, so it’s only natural that the brand would seek to put a distinctly ...
2d
PepsiCo Sued by FTC Over Pricing Bias in Sales to Retailers (2)
The US Federal Trade Commission sued PepsiCo Inc. Friday under a rarely invoked 1930s law called the Robinson-Patman Act that ...
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