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PepsiCo Completes Acquisition of Siete Foods for $1.2 Billion

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Preview 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

PepsiCo Announces Increased Quarterly Dividend

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Preview PepsiCo Announces Increased Quarterly Dividend

SHERIDAN, WYOMING – Feb. 6, 2025 – The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) has declared a quarterly dividend increase, marking the company's continued commitment to returning value to its shareholders. This announcement follows a series of dividend increases, demonstrating PepsiCo's financial strength and dedication to its investors.

Dividend Increase Details