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PepsiCo acquires Siete Foods for $1.2B
Pepsico to Acquire Siete Foods
The $1.2 billion acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican-American brand
PepsiCo acquires Siete Foods for $1.2B as it eyes the Mexican-American food category
PepsiCo (NASDAQ:PEP) confirmed on Tuesday that it struck a deal Siete for $1.2 billion. Siete Foods was founded in 2014 by Veronica Garza and her family in Austin, Texas. The company specializes in grain-free and dairy-free Mexican-American foods.
Siete Family Foods to Sell to PepsiCo for $1.2 Billion
It’s a big day for Siete Family Foods. PepsiCo has agreed to acquire the Austin-based packaged food company for $1.2 billion.
5d
on MSN
Siete Foods goes big time; PepsiCo announces plans to buy Austin-born health food company
A born and raised Austin company is going big time. PepsiCo announced Tuesday that it will purchase Siete Foods for $1.2 ...
Houston Chronicle
3d
PepsiCo announces pending acquisition of popular tortilla producer
Now we're excited to embrace a new era with
PepsiCo
and bring our inclusive, better-for-you products to more people," said
Siete
Foods
CEO and co-Founder Miguel Garza, in a press release.
1h
PepsiCo: Poised for Growth with Strategic Investments and International Expansion
In a report released today, Zheng Feng Chee from DBS maintained a Buy rating on PepsiCo (PEP – Research Report), with a price target of ...
2m
PepsiCo lowers revenue forecast on "subdued" sales in US, China and elsewhere
Charting, Price Performance, News & Related Contracts.
Convenience Store News
4d
PepsiCo to Acquire Siete Foods for $1.2 Billion
Move will add Mexican-American brand to food, beverage company’s portfolio, grow its better-for-you food offerings ...
nosh
6d
PepsiCo Acquiring Siete Foods for $1.2 Billion
PepsiCo, Inc. announced this morning it has entered into a definitive agreement to acquire Siete Foods for $1.2 billion. The ...
1h
PepsiCo earnings: Company cuts 2024 guidance as North America sales lag expectations
A recall earlier this year, and consumers push back to higher prices dragged on PepsiCo's fiscal third quarter results.
5d
on MSN
PepsiCo bets on health-conscious consumers to revive its snack business: here’s how
Pepsico's acquitition of Siete Foods will help it target a younger demographic that is increasingly health conscious.
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