PepsiCo's $1.2B Buyout of Siete to Strengthen Its Food Portfolio
PepsiCo(PEP) ZACKS·2025-01-21 01:26
PepsiCo, Inc. (PEP) has been experiencing strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest revelation, PepsiCo has completed the buyout of Garza Food Ventures LLC, dba Siete Foods (Siete), for $1.2 billion.Details on PEP’s Latest NewsThis acquisition looks to strengthen the company's food portfolio, including nutritious, simple foods and ingredients. This popular Siete brand brings more positive choices that r ...