Siete Family Foods

Siete Family Foods

Produces grain-free Mexican food products

About Siete Family Foods

Simplify's Rating
Why Siete Family Foods is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Food & Agriculture

Consumer Goods

Company Size

51-200

Company Stage

Acquired

Total Funding

$87.5M

Headquarters

Austin, Texas

Founded

2014

Overview

Siete Family Foods produces grain-free Mexican-inspired food products, including tortillas, tortilla chips, taco shells, dips, sauces, and seasonings. Their products cater to health-conscious consumers and those with dietary restrictions, particularly appealing to individuals following keto, low-carb, and grain-free diets. Siete Foods operates primarily through a direct-to-consumer model via their website, while also being available in various retail stores. This accessibility, combined with their family-oriented values and commitment to delicious alternatives to traditional Mexican cuisine, sets them apart from competitors. The company's goal is to provide tasty, health-conscious food options that resonate with a diverse audience, while fostering customer engagement through recipes and apparel.

💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • PepsiCo's acquisition could provide Siete Foods with increased resources and market reach.
  • Growing consumer interest in plant-based and allergen-free foods boosts demand for Siete's products.
  • Collaborations with athletes enhance brand visibility and attract health-conscious consumers.

What critics are saying

  • PepsiCo acquisition may dilute Siete's family-owned brand perception.
  • Increased competition from other health-focused Mexican-American food brands.
  • Potential backlash from customers preferring independent brands over large conglomerates.

What makes Siete Family Foods unique

  • Siete Foods offers grain-free Mexican-inspired products with health-conscious ingredients.
  • The company targets diverse dietary needs, including keto, low-carb, and grain-free diets.
  • Siete Foods combines traditional Mexican flavors with modern health trends.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$87.5M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Relocation Assistance

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
PR Newswire
Oct 3rd, 2024
PEPSICO将以12亿美元收购SIETE FOODS

纽约州普奇斯和德克萨斯州奥斯汀2024年10月3日 /美通社/ -- PepsiCo, Inc.(纳斯达克股票代码:PEP,简称PepsiCo)今日宣布已签署最终协议,将以12亿美元收购以Siete Foods(简称Siete)为商号运营的Garza Food Ventures LLC。...

Stock Target Advisor
Oct 1st, 2024
PepsiCo's Potential Acquisition of Siete Foods: What It Means for Investors

PepsiCo's potential acquisition of Siete Foods: what it means for investors.

Kavout
Oct 1st, 2024
PepsiCo's $1 Billion Bet on Healthier Snacking: The Strategic Acquisition of Siete Foods

PepsiCo, a global leader in the food and beverage industry, is reportedly in advanced negotiations to acquire Siete Foods, a Texas-based tortilla-chip maker, for over $1 billion.

Vending Market Watch
Oct 1st, 2024
PepsiCo to acquire Siete Foods for $1.2 billion

PepsiCo to acquire Siete Foods for $1.2 billion.

Baking Business
Oct 1st, 2024
PepsiCo acquiring Siete Foods

- PepsiCo, Inc. is acquiring Siete Foods, also known as Garza Food Ventures LLC, Austin, Texas, for $1.2 billion.

Recently Posted Jobs

Sign up to get curated job recommendations

Siete Family Foods is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Siete Family Foods's jobs every 8 hours, so check again soon! Browse all jobs →