The company continues to evolve its portfolio through innovation and strategic acquisitions PepsiCo announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an[Read More…]
Tag: Ramon Laguarta
PEPSICO to acquire SIETE FOODS for $1.2 Bn
The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (Siete) for $1.2 billion. The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American[Read More…]
