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

Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by ...

PepsiCo (NASDAQ:PEP) closed on its $1.2 billion acquisition of Siete Foods on Friday, in a move that expands its portfolio ...

With Siete, PepsiCo will further expand its portfolio of products with nutritious, simple foods and ingredients and bring this popular, growing brand to new fans in even more places. " ...

Gruma faces challenges from rising corn prices and competition, but has opportunities for growth in the U.S. market.

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.

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.

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.

("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 ...