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
Vita Nonwovens