Arvind Advanced Materials acquires 61% stake in Dalco-GFT

Arvind Advanced Materials Limited, a subsidiary of Arvind, acquired a 61% stake in U.S. nonwovens manufacturer Dalco-GFT for $136 million. The deal gives Arvind a manufacturing base in the U.S.

“Arvind Advanced Materials Limited...announced the acquisition of nearly 61 percent stake in Dalco-GFT...valued at $136 million.”wwd.com

• 1 source
• wwd.comArvind Buys Majority Stake in U.S. Nonwovens Maker Dalco-GFTAlexandra HarrellSep 3, 2019

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