PEP completes the buyout of Siete for $1.2 billion. This acquisition looks to expand its food portfolio, including nutritious ...
In its latest move, the food and beverage giant closed the acquisition of Garza Food Ventures LLC dba Siete Foods for $1.2 billion. The transaction was announced in the fall of 2024.
This acquisition is a clear indication of PepsiCo (NASDAQ:PEP)'s strategy to adapt and grow within the health-conscious ...
Shares of PepsiCo Inc. traded higher Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced an agreement to buy Mexican-American foods maker Siete ...
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.
As part of the deal, PepsiCo will add Mexican-American Siete brands to its product range, including salsas, condiments, sauces, cookies and snacks. Centerview Partners LLC and Citi act as financial ...
While Fox started out on the front line, delivering Coca-Cola, he became a crucial player in Coca-Cola's goal to defeat Pepsi in the Mexican market. On the ground, in addition to punching trucks ...
Deal Will Expand PepsiCo's Food Portfolio to Include More Options for Consumers Looking for Positive Choices and Simple Ingredients PURCHASE, N.Y. and AUSTIN, Texas, Jan. 17, 2025 /PRNewswire-HISPANIC ...
Friday announced that it has closed the acquisition of Siete Foods, a growing brand known for its better-for-you, ...
PepsiCo has completed its acquisition of Mexican-American food brand Siete Foods for $1.2bn. As FoodBev reported when the acquisition was first announced in October 2024, the move aims to enhance ...