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

PepsiCo (NASDAQ:PEP) closed on its $1.2 billion acquisition of Siete Foods on Friday, in a move that expands its portfolio ...

Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by ...

PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has closed the acquisition of Garza Food Ventures LLC, dba Siete Foods ("Siete"), for $1.2 billion.

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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.

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.

With Siete, PepsiCo will further expand its portfolio of products with nutritious, simple foods and ingredients and bring this popular, growing brand to new fans in even more places. " ...