After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion.
This acquisition is a clear indication of PepsiCo (NASDAQ:PEP)'s strategy to adapt and grow within the health-conscious ...
Centerview Partners LLC was lead financial advisor to PepsiCo (Nasdaq: PEP) and Citi also served as financial advisor. Gibson ...
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.
Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by PepsiCo earlier this month for $1.2 billion. The brand began working ...
In the latest revelation, PepsiCo has completed the buyout of Garza Food Ventures LLC, dba Siete Foods (Siete), for $1.2 billion. This acquisition looks to strengthen the company's food portfolio ...
In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, ...
Gruma faces challenges from rising corn prices and competition, but has opportunities for growth in the U.S. market. Click ...
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") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion. Over the past two decades, PepsiCo has transformed its ...