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PepsiCo to Acquire Siete Foods for $1.2 Billion

The acquisition will complement PepsiCo's portfolio with the addition of an authentic, Mexican-American brand that spans multiple food categories.

Siete Foods acquired by PepsiCo
PepsiCo

PepsiCo announced it has entered into a definitive agreement to acquire Mexican-American brand Siete Foods for $1.2 billion. The deal is expected to close in the first half of 2025—terms were not disclosed.

Founded in 2014, Siete's products span meals and macro snacks categories, including grain-free tortillas, enchilada sauces, taco seasonings, botana sauces, Mexican cookies, vegan beans, grain-free puffs, and salsas, available across 40,000 retailers, as well as online.

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List: Digitalization Companies From PACK EXPO