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.

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 ...

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 ...

In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, ...

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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 ...

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.

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") 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 ...