Viaflex
IOP Fund III,IOP Fund IV
Acquisition Date: | April 2022 |
Status: | Current |
Headquarters: | Sioux Falls, SD |
Add-on Acquisitions: | Seeking acquisitions |
Description
Viaflex (formerly known as Raven Engineered Films) is a provider of highly engineered polymer films and sheeting for agriculture, construction, geomembrane, and industrial applications. The company’s products are designed for critical applications and promote sustainability by protecting Earth’s resources.
Operating Thesis
Execute carve-out of Viaflex division from CNH Industrial and provide support to existing management team.
Create fundamental improvement in operating performance:
- Develop stand-alone operational and administrative functionality
- Execute on growth opportunities in existing and new markets
- Develop new products and technologies
- Implement operations/cost structure improvements