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

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.

It was announced in October that the popular Austin-based Mexican-American food brand would be acquired by the multinational ...

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

Today, the Siete Foods portfolio spans a variety of authentic ... entrepreneurship — have profoundly inspired us. As we join PepsiCo, my family and I are committed to honoring, amplifying ...

PepsiCo has completed its acquisition of Mexican-American food brand Siete Foods for $1.2bn. As FoodBev reported when the acquisition was first announced in October 2024, the move aims to enhance ...

PEP ) (“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 ...

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 ...