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 ...

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, ...

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 ...

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(RTTNews) - PepsiCo, Inc. (PEP) Friday announced that it has closed the acquisition of Siete Foods, a growing brand known for its better-for-you, Mexican American inspired food products ...

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 ...

Siete Foods is strengthening its relationship with its hometown MLS team to be the official jersey partner for Austin FC.

("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 ...