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

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.

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.

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 ...

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AUSTIN, Texas — An Austin-based food brand is now officially part of one of the world's biggest corporations. PepsiCo has finalized a $1.2 billion purchase of Siete Foods, a Mexican-American ...

After 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.

AUSTIN, Texas — An Austin-based food brand is now officially part of one of the world's biggest corporations. PepsiCo has finalized a $1.2 billion purchase of Siete Foods, a Mexican-American ...

PepsiCo, Inc., an American multinational corporation in the food industry, has completed the acquisition of Garza Food Ventures LLC (Siete Foods) for $1.2 billion. This is reported in a PepsiCo press ...

The acquisition of Siete Foods dovetails nicely with Pepsi's November acquisitions of Sabra and Obela. Pepsi had already owned half of both joint ventures but moved to acquire the rest ...

("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 ...