It’s a big day for Siete Family Foods. PepsiCo has agreed to acquire the Austin-based packaged food company for $1.2 billion.  Launched in 2014 by seven (siete) members of the Garza family, Siete initially sold almond-flour tortillas to local health food stores,

PepsiCo Inc. has entered a definitive agreement to acquire Austin-based Siete Foods for $1.2 billion. The deal is expected to close in the first half of 2025, although the transaction is subject to customary closing conditions,

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Texas-based Siete Foods is owned by the Garza family and operated by all seven of its members.

"We look forward to expanding our multicultural portfolio with these incredible products and even more consumers discovering and enjoying Siete." The history of Siete Foods . Siet

PepsiCo Inc. (PEP.O) is in advanced discussions to purchase Texas-based tortilla-chip maker Siete Foods for more than $1 billion, according to sources cited by the Wall Street Journal. The Garza family,

PepsiCo (NASDAQ:PEP) is reportedly in advanced talks to acquire food company Siete Foods for more than $1 billion. Sources told The Wall Street Journal that a deal could be announced soon, although other bidders are in the mix.