Arvind Advanced Materials Limited (AAML), a fully owned subsidiary of Arvind Ltd has announced the acquisition of nearly 61% stake in Dalco-GFT, a US-based manufacturer of needle-punch non-woven fabrics, marking the textile group’s entry into the American technical textiles market.
The acquisition aims to accelerate its global supply chain, expand partnerships and improve resilience amid changing global trade conditions.
Additionally the deal will provide access to a total addressable market (TAM) of around US $2.5 billion in the US across segments such as industrial applications, filtration, mobility, and protective materials.
The transaction, valued between US $125 million and US $140 million, marks a proactive stride by the Indian textile conglomerate to establish a US manufacturing base.
Dalco-GFT operates manufacturing facilities in North and South Carolina with a combined annual production capacity of around 75 million pounds. Further, the acquisition is also expected to expand AAML’s customer base through Dalco-GFT’s more than 75 active customers and its 88% sole-source position.
According to the company, the deal values Dalco-GFT at an enterprise value-to-EBITDA multiple of 7.75x for calendar year 2025, translating to a valuation of about US $136 million.
Arvind vice chairman Punit Lalbhai describes that the acquisition of Dalco-GFT marks a transformational milestone in AAML’s growth journey. “Through this transaction, we are entering the world’s largest technical textile market — the United States — through a platform that is both technologically aligned and operationally strong,” he said.
