Vita Nonwovens

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Project Description

Vita Nonwovens

IOP Fund II

Acquisition Date: October 2014
Status: Exited
Headquarters: High Point, NC
Exit Date: February 2015
Acquirer: TWE Group GMBH
Add-on Acquisitions:

No

DESCRIPTION

Specializes in the engineering and manufacturing of durable nonwoven products, including flame retardants, thermal/acoustical insulation, filtration and medical products.

OPERATING THESIS

Supplemented and provided support to existing management team

Created fundamental improvement in operating performance:

  • Invested in additional plant capacity and full-service capabilities
  • Executed on identified opportunities to expand/diversify book of business
  • Enhanced operational efficiency through ERP system capabilities/usage