Viskase Holdings, Inc. Overview
Pro stress-test →Viskase Holdings focuses on non-edible cellulosic, fibrous, and plastic casings used to prepare and package processed meat and poultry products. The company changed its name to Viskase Holdings, Inc. in March 2026, following a merger completion in which Viskase became a wholly owned subsidiary and the parent entity rebranded from pharmaceuticals to Viskase's casings and packaging business.
Strategic Profile
Pro stress-test →The company operates across four geographic segments: North America, South America, EMEA, and Asia. However, Viskase's reliance on a Senior Credit Facility maturing in August 2026 raises substantial doubt about its ability to continue as a going concern. The newly appointed CEO Thomas Davis previously served as President and Chief Executive Officer of Viskase from 2007 to 2019, bringing experienced meat-industry leadership back to the role.
Competitive Landscape
Pro stress-test →Competitors include established global manufacturers like Kalle GmbH, which produces casings and nets for food packaging. Viskase operates in a mature meat-casing market dominated by regional and global players with established customer bases. The commoditized nature of casings and recent margin pressure suggest intense competition and limited pricing power.
Industry Context
Viskase Holdings, Inc. operates in Meat and Poultry Casings & Packaging.
Key facts
Founded: 1981 · Headquarters: Lombard, Illinois · Revenue: $364.4M (2025) · Market cap: N/A