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

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.