PEP agrees to acquire Siete Foods for $1.2 billion. This looks to expand the company's better-for-you offerings.
The makers of Pepsi Cola agreed to pay $1.2 billion to obtain Garza Food Ventures dba Siete Family Foods, PepsiCo announced ...
PURCHASE, N.Y. — PepsiCo Inc. entered into a definitive agreement to acquire Garza Food Ventures dba Siete Foods for $1.2 billion.
It’s a big day for Siete Family Foods. PepsiCo has agreed to acquire the Austin-based packaged food company for $1.2 billion.
The sale could come soon, and value Siete above $1 billion.
Pepsico's acquitition of Siete Foods will help it target a younger demographic that is increasingly health conscious.
PepsiCo (NASDAQ:PEP) is set to report earnings on October 8 before the market opens. Bank of America is the latest firm to ...