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

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.

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 has increased its quarterly dividend payment almost 10-fold from $0.14 per share to $1.355 over 23 years, for a solid ...

In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, ...

AUSTIN, Texas — An Austin-based food brand is now officially part of one of the world's biggest corporations. PepsiCo has finalized a $1.2 billion purchase of Siete Foods, a Mexican-American ...

In the latest revelation, PepsiCo has completed the buyout of Garza Food Ventures LLC, dba Siete Foods (Siete), for $1.2 billion. This acquisition looks to strengthen the company's food portfolio, ...

PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and ...

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.

AUSTIN, Texas — An Austin-based food brand is now officially part of one of the world's biggest corporations. PepsiCo has finalized a $1.2 billion purchase of Siete Foods, a Mexican-American ...

PepsiCo, Inc., an American multinational corporation in the food industry, has completed the acquisition of Garza Food Ventures LLC (Siete Foods) for $1.2 billion. This is reported in a PepsiCo press ...