PepsiCo Completes Acquisition of Siete Foods for $1.2 Billion
SHERIDAN, WYOMING – Feb. 6, 2025 – PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") announced today the successful completion of its acquisition of Garza Food Ventures LLC, doing business as Siete Foods ("Siete"), for a substantial sum of $1.2 billion. This strategic move significantly broadens PepsiCo's already diverse food portfolio, providing consumers with an even wider array of positive choices characterized by simple and wholesome ingredients.
Expanding Positive Choices for Consumers