PepsiCo, Siete Foods

PepsiCo acquires Siete Foods for $1.2 billion
This acquisition is a clear indication of PepsiCo (NASDAQ:PEP)'s strategy to adapt and grow within the health-conscious segment of the food industry. The information reported is based on a press release statement from PepsiCo.
PepsiCo Completes Acquisition of Siete Foods
PepsiCo Inc. has completed its acquisition of Garza Foods Ventures LLC, dba Siete Foods for $1.2 billion, according to a release from the company. The deal was first agreed upon and announced in October 2024, and it is the latest snack-related deal for the company, building upon prior acquisitions of PopCorners, Bare, Stacy’s Pita Chips and Sabra.
PepsiCo closes $1.2 billion Siete Foods acquisition
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.
PepsiCo, Inc.: Pepsico Completes Acquisition Of Siete Foods
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
PepsiCo Acquires Siete Foods For $1.2 Bln
Friday announced that it has closed the acquisition of Siete Foods, a growing brand known for its better-for-you,
Siete's $1.2B acquisition by PepsiCo finalized
Centerview Partners LLC was lead financial advisor to PepsiCo (Nasdaq: PEP) and Citi also served as financial advisor. Gibson Dunn & Crutcher LLP acted as legal advisor to PepsiCo
Siete Foods officially joins the PepsiCo stable of brands
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 enhance PepsiCo's (NASDAQ:PEP) multicultural offerings and strengthens its position in the better-for-you food segment.

pepsico, Walmart

stocknews5d
3 Food & Beverage Stocks to Savor in Your Portfolio
The food and beverage industry is expected to witness significant growth, driven by changing consumer preferences amid rising ...
TD Cowen Lowers PepsiCo (NASDAQ:PEP) Price Target to $160.00
PepsiCo (NASDAQ:PEP – Get Free Report) had its price target dropped by stock analysts at TD Cowen from $183.00 to $160.00 in ...