Former Raven division, now Viaflex, sets record year while charting course for growth

March 31st, 2023

Call 2022 the year of the carve-out. For Viaflex, formerly Raven Engineered Films, this April marks one year as a separate company from the former Raven Industries Inc., which is now part of CNH Industrial. In that time, “We’ve not just landed on our feet. We’re off and running,” president and CEO Scott Wickersham said. […]

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Raven Engineered Films acquired by Industrial Opportunity Partners

April 29th, 2022

Photograph courtesy of Business Wire Sioux Falls-based Raven Engineered Films announced that Industrial Opportunity Partners (“IOP”) has acquired the business from CNH Industrial N.V. IOP is an operations-focused private equity firm based in Evanston, Ill. Scott Wickersham, president and general manager of Raven Engineered Films, will assume the position of CEO under new ownership. “The acquisition by IOP represents a new […]

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CNH Industrial to acquire Raven Industries

June 21st, 2021

U.K.-based CNH Industrial N.V. announced that it has entered into an agreement to acquire 100% of the capital stock of Raven Industries Inc., a U.S.-based leader in precision agriculture technology for $58 per share, representing a 33.6% premium to the Raven Industries 4-week volume-weighted average stock price, and $2.1 billion Enterprise Value. The transaction will […]

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