Snow Peak Capital sells majority interest in Dalco-GFT to Arvind Advanced Materials

Snow Peak Capital has sold a 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.

“Snow Peak Capital, LLC (Snow Peak), a private equity firm focused on middle-market businesses, today announced the sale of Dalco-GFT Nonwovens (Dalco-GFT), a leading manufacturer of needle-punched nonwoven specialty fabrics, to Arvind Advanced Materials Limited (AAML).”snowpeakcapital.com

• 1 source
• snowpeakcapital.comNews - Snow Peak CapitalApr 22, 2022

Summarized from public sources; check the original articles before acting on it.