Pepsico To Acquire Siete Foods For $1.2 Billion
PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (“Siete”) for $1.2 billion. PepsiCo (PRNewsfoto/PepsiCo, Inc.) The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand,…