Raven Industries Signs Agreement to Acquire Colorado Lining International
Raven Industries signs agreement to Acquire Colorado Lining International
SIOUX FALLS, S.D., (August 22, 2017) — Raven Industries, Inc. (NASDAQ:RAVN) today announced that it has signed an asset purchase agreement to acquire substantially all of the assets of Colorado Lining International, Inc., headquartered in Parker, Colo. The final acquisition will align under the company’s Engineered Films division, an innovative manufacturer of polymer film and sheeting. By adding new design-build and installation service components to the company’s geomembrane offering, this acquisition will advance Raven Engineered Films’ business model into a vertically-integrated, full-service solutions provider in this sector.
The full press release is available online at http://ravenefd.com/press-releases/raven-signs-agreement-acquire-cli/