PepsiCo (PEP) To Acquire Siete Foods For $1.2 Billion

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PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION

October 1, 2024 9:25 AM EDT

PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods ("Siete") for $1.2 billion. 

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