PepsiCo (NASDAQ: PEP) is a publicly listed company headquartered in Purchase, New York, United States that owns 30 consumer brands across 3 categories, and has 7 recorded transactions.[1]
PepsiCo was formed in 1965 by the merger of Pepsi-Cola and Frito-Lay. Roughly half its revenue comes from snacks rather than drinks, which distinguishes it from its main soft-drink competitor.
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.
PepsiCo bought the Strauss Group out of Sabra for $241 million in cash, ending the joint venture through which the two had run the largest hummus brand in the United States, and making it a wholly owned subsidiary. Consolidating it produced a $122 million pre-tax gain, the accounting effect of remeasuring the half PepsiCo already held at fair value.
PepsiCo acquired Rockstar Energy for $3.85 billion, having distributed the brand in North America since 2009. It gave PepsiCo a wholly owned energy drink at a point when the category was growing faster than carbonated soft drinks.
PepsiCo acquired SodaStream for $144 per share in cash, about $3.2 billion. Buying a company whose product lets people make fizzy drinks at home was an unusual move for a business that sells them ready-made in cans.
Frito-Lay acquired Stacy's Pita Chips, started by a couple who had turned leftover pita from their sandwich cart into a snack. Baking rather than frying gave it a health positioning the rest of the snack aisle could not match. The price was not disclosed.
PepsiCo acquired The Quaker Oats Company in an all-stock merger, primarily to obtain Gatorade, which gave it the leading position in sports drinks. The Federal Trade Commission cleared the deal after a split vote, with a consent order restricting distribution arrangements.
PepsiCo spun off its restaurant business as Tricon Global Restaurants, taking KFC, Pizza Hut and Taco Bell out of the drinks and snacks company. PepsiCo had found that operating restaurants competed for capital with its packaged goods brands and complicated its relationships with other chains. Tricon renamed itself Yum! Brands in 2002.
PepsiCo controlled these 3 brands in the past. Each row shows when the ownership ended and who holds the brand now, so a page that once said PepsiCo owned it still shows why it no longer does.
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Official recalls involving PepsiCo products
55 recall notices from government regulators matched to PepsiCo.
Each applies to the specific products, sizes and lot codes named in the notice, not to every product sold under the name.
Matched automatically from FDA, USDA FSIS, UK Food Standards Agency and CPSC records only when the recalling firm corresponds to this ownership record and, for a brand, the brand name appears in the product description. Check the linked notice for exact products and lots. Method.
Frequently asked questions
What brands does PepsiCo own?
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PepsiCo owns 30 consumer brands tracked here, including Walkers, Pepsi, 7UP, Lay's, Cheetos and Fritos.
Is PepsiCo an American company?
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Yes. PepsiCo is headquartered in Purchase, New York, United States and was founded in 1965.
Who owns PepsiCo?
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PepsiCo is a publicly listed company owned by its shareholders; it trades as PEP on the NASDAQ.
What was PepsiCo's most recent acquisition?
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The most recent completed acquisition recorded here is Siete Foods on 17 January 2025.
Sources (7) & 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.