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 ...

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 ...

PepsiCo generates healthy and consistent free cash flow and has a dividend yield nearly three times that of the S&P 500 index. Kimberly-Clark is a consumer goods giant boasting a half-century streak ...

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 ...

PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion. PepsiCo, Inc. (NASDAQ ...

PepsiCo acquired several better-for-you food brands at the end of 2024. Last month, PepsiCo closed its acquisition of Austin co-op Siete Foods in a deal worth $1.2 billion to expand its ...

These two acquisitions are relevant in another way: They show the diversity of PepsiCo's business. Siete makes everything from chips to packaged food items. Sabre makes dips, which could fall into ...

Bottom line, PepsiCo had a good 2024. Un-PepsiCo-like but good enough. A company that has been turning in ...

By Julie Creswell Amid a national debate on highly processed foods and the rise ... which, at $7.3 billion, accounts for about a quarter of PepsiCo’s total revenues and is home to popular ...

After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo(NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.