Weil Advised Ardian in its Acquisition of a Majority Stake in Florida Food Products, Inc.

Weil advised Ardian in its acquisition of a majority stake in Florida Food Products, the leading innovator, formulator and producer of vegetable and fruit-based clean label ingredients, through its U.S. buyout team from MidOcean Partners, for an enterprise value in excess of $1 billion. MidOcean Partners will retain a significant stake in Florida Food Products alongside Ardian. The transaction is expected to close in the fourth quarter of 2021.

The Weil team that advised Ardian was led by Private Equity partner Peter Feist and included Private Equity Co-Head Doug Warner and Private Equity associates Daniel CohenHannah Schmitz and Gracy Wang. The team also included Banking & Finance partner Allison Liff; Banking & Finance associates Justina Chen and Sarah Gohary; Tax partner Jonathan Macke; Tax counsel Eric Behl-Remijan; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Sarah Downie; Technology & IP Transactions partner Charan Sandhu; Technology & IP Transactions/Privacy associates Kane WishartRami Sherman and Alex Theuer; Real Estate partner David Herman; Real Estate associates Elizabeth Jaikaran and Katherine Medianik; Environmental Head Annemargaret Connolly; Regulatory Transactions partner Shawn Cooley; Regulatory Transactions counsel John O’Loughlin; Regulatory Transactions associate Nathan Cunningham; Antitrust partner Vadim Brusser; Antitrust associates Marie-Marie de Fays and Jarui Wang; and Complex Commercial Litigation partner Susan Shin.