Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by ...
After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion.
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.
It was announced in October that the popular Austin-based Mexican-American food brand would be acquired by the multinational ...
In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, ...
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The acquisition of Siete Foods dovetails nicely with Pepsi's November acquisitions of Sabra and Obela. Pepsi had already owned half of both joint ventures but moved to acquire the rest ...
These two acquisitions are relevant in another way: They show the diversity of PepsiCo's business. Siete makes everything from chips to packaged food items. Sabre makes dips, which could fall into ...
It's official! The fastest-growing Hispanic food brand in the U.S. is one step closer to becoming a billion-dollar Latino food empire, thanks to its new owners. "Today marks a defining moment in ...