PepsiCo PEP0.22%increase; green up pointing triangle agreed to acquire tortilla-chip maker Siete Foods for $1.2 billion in its latest move to bolster its offering of healthier snacks. The Wall ...
PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, according to people familiar with the matter. Siete is known for its Mexican-inspired products ...
Siete Foods makes grain-free, high-quality tortilla chips, soft tortillas, and sauces. The purchase comes as PepsiCo focuses on offering snacks with lower sodium, saturated fat, and sugar.