PepsiCo said Friday that it’s purchasing San Francisco-based Bare Foods Co., a maker of fruit and vegetable-based snacks, for an undisclosed sum.
After the deal closes, the maker of Bare Snacks will continue to operate independently from its San Francisco headquarters in the Presidio, with its leadership reporting to PepsiCo’s (NASDAQ: PEP) Frito-Lay North America snacks unit.
Bare Foods, led by CEO Santosh Padki, was founded in 2001 by Eric Strandberg and his family-owned organic apple farm…
