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Arvind acquires 61% stake in Dalco-GFT

May 08, 2026

Acquiring Company

Arvind Ltd

Acquired Company

Dalco-GFT

AhmedabadNorth CarolinaManufacturingE CommerceFashionRetailTextilesapparel & fashion

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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Company Information

Company

Arvind Ltd

Location

3 Naroda Road

Ahmedabad, Gujarat, India

About

Arvind Ltd is a multinational company based in India. It specializes in textiles, apparel, and advanced materials. The company is known for its innovative approaches and has diversified its operations in several sectors, including energy. Arvind aims to enhance its presence in the energy industry through strategic investments.

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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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