After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion.

It was announced in October that the popular Austin-based Mexican-American food brand would be acquired by the multinational ...

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.

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.

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 ...

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.

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 ...

With Siete, PepsiCo will further expand its portfolio of products with nutritious, simple foods and ingredients and bring this popular, growing brand to new fans in even more places. " ...

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