Arvind Advanced Materials acquires majority interest in Dalco-GFT Nonwovens

Snow Peak Capital sold its majority interest in Dalco-GFT Nonwovens, a manufacturer of needle-punched nonwoven specialty fabrics, to Arvind Advanced Materials Limited, a subsidiary of Arvind Limited. Snow Peak and CEO Joey Duncan retain a minority stake.

“Dalco-GFT is an excellent example of how Snow Peak seeks to partner with founder-led industrial businesses.”prnewswire.com

• 11 sources
• prnewswire.comSnow Peak Capital Announces Sale of Majority Interest in Dalco-GFT to Arvind Advanced Materials LimitedSnow Peak CapitalMay 6, 2026
• nonwovens-industry.comPE Firm Sells Majority Stake in Dalco-GFT Nonwovens - Nonwovens IndustrySaveMay 7, 2026
• textileworld.comArvind Advanced Materials Enters USA, The Largest Technical Textile Market Through Acquisition Of Dalco-GFT | Textile WorldJim BornemanMay 7, 2026
• etextilecommunications.comSnow Peak announces sale of majority interest in Dalco-GFT Nonwovens | Industry News | etextilecommunications.comSource: Snow Peak CapitalMay 8, 2026
• cnbctv18.comArvind eyes $2.5 billion US nonwoven market through Dalco-GFT deal - CNBC TV18Reema Tendulkar, Nigel D'Souza, Prashant NairMay 8, 2026
• indiantextilemagazine.inArvind Advanced Materials expands into the US through Dalco-GFT Acquisition - The Textile MagazineMKPrabhakarMay 8, 2026
• worldoftechnicaltextile.comArvind Advanced Materials expands into the US through Dalco-GFT Acquisition - Techtextiles & NonwovensThe Textile MagazineMay 8, 2026
• dealnews.aiArvind Advanced Materials Acquires Dalco-GFT Nonwovens, PE Retains Minority Stake - DealNewsEditorialMay 10, 2026
• innovationintextiles.comAAML acquires majority stake in Dalco-GFT - Innovation in TextilesMay 22, 2026
• nonwovens-industry.comMergers and Acquisitions Activity in Nonwovens - Nonwovens IndustryBy: Karen McIntyre EditorMay 29, 2026
• specialtyfabricsreview.comArvind Advanced Materials acquires Dalco-GFT, entering U.S. market - Specialty Fabrics ReviewATAJun 2, 2026

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