Vita Nonwovens
IOP Fund II
Acquisition Date: | October 2014 |
Status: | Exited |
Headquarters: | High Point, NC |
Exit Date: | February 2015 |
Acquirer: | TWE Group GmbH |
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