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New Deal


Announced

Completed

Industrial Opportunity Partners completed the acquisition of Raven Engineered Films from CNH Industrial for $350m.

Financials

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Transaction Value£279m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Private

Domestic

Majority

Single Bidder

films

Plastics

Acquisition

Completed

Friendly

Synopsis

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Industrial Opportunity Partners, a private equity firm, completed the acquisition of Raven Engineered Films, a flexible films maker, from CNH Industrial, an American-Italian multinational corporation, for $350m. "The acquisition by IOP represents a new chapter for Raven Engineered Films that will benefit our team members and our communities. We believe IOP will enable us to unlock the next levels of growth by innovating new products and creating value for our customers," Scott Wickersham, Raven Engineered Films CEO.

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