Acquiring Company
Hampidjan
Acquired Company
Kohinoor Ropes
Iceland
Chhatrapati SambhajinagarManufacturingManufacturingAgriculture and FarmingDescription
Hampidjan has acquired 75.1 percent of Kohinoor Ropes, triggering an additional payment due to exceeding EBITDA performance targets. This event follows Kohinoor's fiscal 2026 EBITDA reaching EUR 6.2 million, surpassing the agreed threshold. The acquisition agreement included performance-based payments linked to EBITDA results for the first two fiscal years post-acquisition. New manufacturing facilities are also planned in India to support future growth.
Fundz sees it the moment Hampidjan makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Kohinoor Ropes?
Kohinoor Ropes was acquired by Hampidjan, based in Iceland. The deal was reported on October 4, 2026. Hampidjan, founded in Reykjavik in 1934, is a leading manufacturer of marine equipment, supplying fishing nets, ropes, trawls, and various related data solutions. Hampidjan is privately held and operates in Manufacturing.
When did Hampidjan acquire Kohinoor Ropes?
Hampidjan's acquisition of Kohinoor Ropes was reported on October 4, 2026. Hampidjan has acquired 75.1 percent of Kohinoor Ropes, triggering an additional payment due to exceeding EBITDA performance targets. This event follows Kohinoor's fiscal 2026 EBITDA reaching EUR 6.2 million, surpassing the agreed threshold. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kohinoor Ropes do?
Kohinoor Ropes is an Indian manufacturer of various types of ropes and fabrics, catering primarily to the fishing and agricultural sectors. The company has shown growth in its financial performance, leading to additional considerations in its acquisition. It is privately held, operating in Manufacturing, and is based in Chhatrapati Sambhajinagar.
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