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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.
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.
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
PepsiCo closes acquisition of Siete Foods
PepsiCo (PEP) announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods, for $1.2B. Stay Ahead of the
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.
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