PepsiCo to Acquire Siete Foods in $1.2 Billion Deal, Expanding Snack Portfolio
PepsiCo is preparing to expand its snack products with a substantial acquisition. The beverage and snack company has announced intentions to purchase Siete Foods, an iconic company known for its grain-free tortilla chips and other healthy foods, for $1.2 billion. This strategic initiative aims to increase PepsiCo’s presence in the fast rising health-focused snack category. […]