PepsiCo Completes Acquisition of Siete Foods for $1.2B | Food Engineering

PepsiCo, Inc. has finalized its acquisition of Siete Foods for $1.2 billion. This acquisition expands PepsiCo’s portfolio of nutritious food options and aligns with its strategy to meet consumer demand for healthier products. Siete Foods, known for its grain-free tortillas and sauces, will benefit from increased distribution and brand visibility.

Original excerpt: PepsiCo, Inc. has closed the acquisition of Garza Food Ventures LLC, doing business as Siete Foods, for $1.2 billion…

Source: Food Engineering