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

$1.3B

Headquarters

Austin, Texas

Founded

2014

Overview

Siete Family Foods produces grain-free Mexican American food products, focusing on health-conscious alternatives to traditional cuisine. Their offerings include tortillas, tortilla chips, taco shells, dips, sauces, and seasonings, catering to those on keto, low-carb, and grain-free diets. The products are sold directly to consumers through their website and are also available in retail stores, making them accessible to a wider audience. Siete Foods stands out from competitors by emphasizing family values and community engagement, offering recipes and apparel alongside their food products. The company's goal is to provide delicious, health-oriented options while maintaining a strong connection to their Mexican heritage.

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Simplify's Take

What believers are saying

  • PepsiCo's acquisition could provide Siete Foods with expanded resources and distribution channels.
  • The growing demand for gluten-free products aligns with Siete Foods' offerings.
  • Collaborations with athletes boost brand visibility and consumer engagement.

What critics are saying

  • PepsiCo acquisition may alter Siete Foods' family-owned identity, affecting customer loyalty.
  • Increased competition in the grain-free market could dilute Siete Foods' market share.
  • Supply chain challenges may impact product availability and pricing.

What makes Siete Family Foods unique

  • Siete Foods offers grain-free, Mexican-inspired products catering to health-conscious consumers.
  • The company emphasizes family values and traditional flavors in its product offerings.
  • Siete Foods has a strong direct-to-consumer model and retail presence.

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Funding

Total Funding

$1290M

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

0%

1 year growth

-1%

2 year growth

-1%
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.

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.

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

PepsiCo to acquire Siete Foods for $1.2 billion.

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