Pepsico Acquires Argentine Dilexis S.A.

Pepsico has been aggressive in South America with looking out to buy snacks and cookies companies Dilexis S.A acquisition is in line with that strategy . PepsiCo Foods Argentina recently announced the acquisition of Dilexis S.A., an Argentine company that produces and commercializes a wide range of cookies and cracker products for the Argentine market. The transaction represents a major step for the business in the country, as it enters the growing category of macrosnacks where Argentina has the highest per-capita consumption in South America. source

With the acquisition of Dilexis, PepsiCo Argentina expands its product mix in the country while strengthening its presence in the region. "The addition of Dilexis, taking into account the recent development of Twistos crackers platform and Quaker cookies, positions PepsiCo as a significant player in this category," said Pablo Montivero Araya, general manager - PepsiCo South Cone Foods. pepsico.com