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PepsiCo Extends Bet on Clean Snack Foods With Bare Acquisition

Anne Riley Moffat
PepsiCo Extends Bet on Clean Snack Foods With Bare Acquisition

PepsiCo Inc. is placing another bet that American nibblers want healthier options with the purchase of baked fruit and vegetable snackmaker Bare Foods Co. The maker of Mountain Dew and Cheetos inked a deal to buy the San Francisco-based creator of products including beet chips and baked apple crisps. PepsiCo, which has been fighting Americans’ departure from sodas, has increasingly relied on growth in its snack business.