PepsiCo Expands Multicultural Portfolio With $1.2B Deal
PURCHASE, N.Y. — PepsiCo Inc. entered into a definitive agreement to acquire Garza Food Ventures dba Siete Foods for $1.2 billion. Founded in 2014, Siete produces heritage-inspired tortillas, salsas, seasonings, sauces, cookies, snacks and more. The …