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Pepsi Just Made a $1.2 Billion Acquisition of Something That Has Nothing to Do With Carbonated BeveragesAfter 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.
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PepsiCo acquires Siete Foods for $1.2 billionSiete Foods, a family-founded company known for its grain-free tortillas and other Mexican-American food products, joins PepsiCo's array of brands following a series of acquisitions aimed at ...
("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion. PepsiCo (PRNewsfoto/PepsiCo, Inc.) Over the past two ...
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Pepsi also announced its 53rd consecutive dividend raise, pole-vaulting its forward dividend yield to 4%. Throw in a mere ...
PepsiCo acquired several better-for-you food brands at the end of 2024. Last month, PepsiCo closed its acquisition of Austin co-op Siete Foods in a deal worth $1.2 billion to expand its ...
Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, ...
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. The trade name of ...
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 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 ...
The growing Siete brand is the latest in a line of PepsiCo acquisitions that include PopCorners, Bare, Stacy's Pita Chips, and most recently, Sabra. PepsiCo will further expand Siete’s portfolio of ...
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