Ardian, a private equity firm, has acquired a majority stake in natural food manufacturer Florida Food Products through its U.S. Buyout team from MidOcean Partners for an enterprise value in excess of $1 billion. The transaction, announced Sept. 21, is expected to close later this year. Paris-based Ardian was advised by Weil, Gotshal & Manges. MidOcean was represented by a Gibson, Dunn & Crutcher team.

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