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Siete Foods

From Wikipedia, the free encyclopedia
American food company
Garza Food Ventures LLC
Siete Foods
Company typeSubsidiary
IndustrySnack food
Founded
FounderVeronica Garza
OwnerPepsiCo(2025–present)
Websitewww.sietefoods.com

Garza Food Ventures LLC,doing business asSiete Foods, is an American company founded in 2014 by Veronica Garza that makes nontraditional versions of traditional Mexican and Mexican-American ingredients and foods. According toInc., it "created a category in grain-free and dairy-free Mexican American staples".

History

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The company was founded inAustin, Texas, in 2014 by Veronica Garza, who was diagnosed with autoimmune diseases while in high school and college.[1][2][3] Her brother Roberto suggested she try avoiding grains, legumes, and dairy to see if that would help with her symptoms.[1][4][5] She found that it did, and her entire family joined her in excluding these items, but all of these were common ingredients inMexican,Mexican-American, andTex-Mex cuisines that were a part of the family's typical meals.[1][4][6] In particular tortillas, typically included in every meal in these cuisines, were missed.[7][5]

Garza developed some recipes to create traditional items such as tortillas from nontraditional ingredients, such as almond flour, and started selling them from her home; eventually she was making 50 dozen tortillas in a weekend with the help of her family.[1][4] In 2014 Austin's Wheatsville Food Co-op started carrying her products.[1][2] By 2016 the products were being carried byWhole Foods.[8] In Canada, e-commerce retailerNatura Market carries Siete products.[9] According toInc., the company "created a category in grain-free and dairy-free Mexican American staples".[3]

Garza's parents and her four siblings are employees; the company's name, Siete, is the Spanish word for seven, a reference to the seven of them.[2][6][3] In 2017, CEO Miguel Garza was named toForbes' 30 under 30 list.[10][11]

By 2022 the company was projected to have retail sales of US$250 million and was the fastest-growing Latino/Hispanic food brand in the United States.[1][12]Forbes pointed out in 2018 that it had been decades since the category had a "challenger [brand] emerge", noting thatOrtega was founded in 1897,Old El Paso in 1917, andGoya in 1936.[13]

On October 1, 2024,Pepsico announced it had entered an agreement to acquire the company.[14] On January 17, 2025, it was announced that the transaction had been completed.[15]

Products

[edit]

Products as of 2022 include tortillas, refried beans, tortilla chips, hard taco shells, cookies, seasoning mixes, and hot sauces in 60stock-keeping units.[1][6][12] In 2022 they also produced their first product containing corn, a tortilla chip in collaboration with Nixta, who are dedicated to traditionalmaize-based products andnixtamilization methods.[1]

The company produced a cookbook,The Siete Table: Nourishing Mexican-American Recipes From Our Kitchen, in 2022.[1][16]

Juntos fund

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The company operates a foundation that provides grants to small Latino/Hispanic food entrepreneurs.[1][2][17]

References

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  1. ^abcdefghijKavehkar, Kimya (2022-10-10)."Family Is the Foundation of One of the Most Successful Mexican American Food Brands".Texas Monthly. Retrieved2023-01-17.
  2. ^abcdHuddleston, Jr, Tom."How the Mexican-American family behind Siete's grain-free tortillas hit $200 million in annual sales".CNBC. Retrieved2023-01-18.
  3. ^abcBienasz, Gabrielle."Siete Family Foods CEO Miguel Garza on How to Cook Up an Authentic Brand".Inc.
  4. ^abc"Meet the family that changed the way some Americans eat Mexican food: "Tortillas are the centerpiece of the table"".www.cbsnews.com. Retrieved2023-01-18.
  5. ^ab"Texas siblings' grain-free tortillas lead to delicious success".NBC News. Retrieved2023-01-18.
  6. ^abc"It's a family affair | Food Business News".www.foodbusinessnews.net. Retrieved2023-01-18.
  7. ^Hughes, Chris (2019-11-01)."Tastemaker of the Month: Veronica Garza from Siete Family Foods".Austin Monthly Magazine. Retrieved2023-01-18.
  8. ^"Siete Family Foods: Miguel and Veronica Garza".NPR. 15 March 2021.
  9. ^"Siete".NaturaMarket.ca. Retrieved2024-11-05.
  10. ^Sorvino, Chloe."Distribution Surges For Grain-Free Siete Family Foods After Deals With Target, Walmart And Kroger".Forbes. Retrieved2023-01-18.
  11. ^"Miguel Garza".Forbes. Retrieved2023-01-18.
  12. ^ab"Mexican-American Brand Siete Foods Launches Their 1st Plant-Based Canned Product".VEGWORLD Magazine. 2022-05-03. Retrieved2023-01-18.
  13. ^Harris, Shayna."Old El Paso: Meet Your Match".Forbes. Retrieved2023-01-18.
  14. ^"Pepsico to Acquire Siete Foods for $1.2 Billion". Pepsico. Retrieved13 January 2025.
  15. ^"Pepsico completes acquisition of Siete Foods".Pepsico. Retrieved2025-01-27.
  16. ^Puckett, Susan."Cookbook review: Abuela-approved dishes for every diet".The Atlanta Journal-Constitution.ISSN 1539-7459. Retrieved2023-01-18.
  17. ^"Texas company opens national competition to Latino entrepreneurs".KOAA News 5. 2022-08-07. Retrieved2023-01-18.

External links

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