PepsiCo agrees to buy Mexican-American food brand Siete Foods for $1.2B
Pepsi
Oct. 1 (UPI) -- The makers of Pepsi Cola agreed to pay $1.2 billion to obtain Garza Food Ventures dba Siete Family Foods, PepsiCo announced Tuesday. "This acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican-American brand while also growing its better-for-you food offerings," PepsiCo officials said Tuesday in a press release . Advertisement The merger adds the Mexican-American food brand that produces relatively healthful foods sold in stores throughout
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