Acquiring Company
Arvind Ltd
Acquired Company
Dalco-GFT
Description
Arvind Limited has acquired a 61 percent controlling stake in US-based Dalco-GFT through its subsidiary AAML. This acquisition marks Arvind's entry into the American technical textiles market and is expected to enhance its global advanced materials business. The transaction values Dalco-GFT at approximately $136 million.
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Frequently asked
Who acquired Dalco-GFT?
Dalco-GFT was acquired by Arvind Ltd, based in Ahmedabad. The deal was reported on May 8, 2026. Arvind Ltd is a multinational company based in India. It specializes in textiles, apparel, and advanced materials. Arvind Ltd is privately held and operates in Manufacturing.
When did Arvind Ltd acquire Dalco-GFT?
Arvind Ltd's acquisition of Dalco-GFT was reported on May 8, 2026. Arvind Limited has acquired a 61 percent controlling stake in US-based Dalco-GFT through its subsidiary AAML. This acquisition marks Arvind's entry into the American technical textiles market and is expected to enhance its global advanced materials business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Dalco-GFT do?
Dalco-GFT specializes in manufacturing needle-punched non-woven fabrics. These fabrics are used in various sectors, including automotive, industrial, and construction. It is privately held, and is based in North Carolina.
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