Acquisitions6 May 2026, 06:51 pm
Arvind Ltd's AAML Acquires 61% Stake in Dalco-GFT
AI Summary
Arvind Advanced Materials Limited (AAML), a wholly-owned subsidiary of Arvind Ltd, has acquired approximately 61% stake in Dalco-GFT, a U.S.-based manufacturer of specialized needle-punched non-woven specialty fabrics. Dalco-GFT has a top line of ~$100 million with an EBITDA margin of ~17% and ROCE of ~40% in CY25. The acquisition allows AAML to enter the US technical textile market and is expected to be margin and EPS accretive to Arvind Ltd. The deal aims to leverage synergies through cross-sourcing and technology integration, expanding AAML's customer base and sector coverage.
Key Highlights
- AAML acquires ~61% controlling interest in US-based Dalco-GFT.
- Dalco-GFT has ~$100 Mn top line with ~17% EBITDA margin and ~40% ROCE.
- The acquisition is margin and EPS accretive to Arvind Ltd.
- Dalco-GFT reported a top-line CAGR of 10% in the past six years.
- The acquisition expands AAML's access to the US technical textile market.