PepsiCo announces definitive agreement to acquire BFY Brands, expanding better-for-you portfolio and production capabilities
PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire BFY Brands, the maker of PopCorners snacks. Upon closing, BFY Brands will report into PepsiCo's Frito-Lay North America division.
The addition of BFY Brands will expand Frito-Lay's snacking portfolio and further deliver on its Winning with Purpose vision to offer consumers more positive nutritious options.