Acquisition closed
PepsiCo acquires Siete Foods (2025)
PepsiCo completed the acquisition of Siete Foods on 17 January 2025 for $1.2 billion.[1]
PepsiCo acquired all of Garza Food Ventures, which trades as Siete Foods, for about $1.2 billion in cash. Siete was founded by a family in Austin making grain-free tortillas for a relative with autoimmune disease, and had grown into a national brand of Mexican-American pantry staples before PepsiCo bought it.
Deal facts
- Announced
- Not recorded
- Closed
- Value
- $1.2 billion (enterprise value)
- Buyer
- PepsiCo
- Seller
- —
- Assets
- Siete Foods
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| PepsiCo | Siete Foods | owns | 100% | 2025-01-17 | present |
Who owns Siete Foods today?
- Siete Foods — owned by PepsiCo since 2025
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PepsiCo, Inc. Form 10-K for 2024, note 13 - acquisitions and divestitures — SEC EDGAR, SEC Form 10-K, published 4 February 2025; retrieved 16 September 2026.
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