Weil is advising Siete Foods and Stripes in the sale of Siete to PepsiCo for $1.2 billion. The transaction is expected to close in the first half of 2025.
Founded in 2014, Siete produces authentic heritage-inspired tortillas, salsas, seasonings, sauces, cookies, snacks and more. Siete’s products can be found in grocery stores, club stores, and organic food retailers primarily across the U.S. The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its grain-free, better-for-you food offerings.
The Weil team is led by Private Equity partner Gareth Clark and includes Private Equity counsel Barrett Schitka; Antitrust counsel Carla Hine; Technology & IP Transactions partner Karen Ballack; Tax partner Jason Vollbracht; and Executive Compensation & Benefits partner Aimee Adler.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
