Tag: PepsiCo

  • PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

    PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

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    PepsiCo said Tuesday that it’s buying Mexican American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks, Health Warrior and PopCorners.…

  • PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

    PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

    by

    in

    PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks, Health Warrior and PopCorners. Soon…