# Aimia and Paladin acquire Tufropes for $235.1M

Aimia Inc and Paladin Private Equity acquired Tufropes Private Limited and the business undertakings of India Nets for a net purchase consideration of $235.1 million.

- Type: Acquisition
- Announced: 2023-04-05
- Where: India
- Value: $235.1M
- Status: completed
- Products: synthetic fiber ropes, netting solutions
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Aimia](https://endata.com/companies/10196.md) (acquirer)
- [Tufropes](https://endata.com/companies/10197.md) (target)
- [Paladin Private Equity](https://endata.com/companies/10198.md) (acquirer)
- [India Nets](https://endata.com/companies/69555.md) (target)

## Sources

- [jsalaw.com](https://www.jsalaw.com/deals-matter/acquisition-of-tufropes-by-aimia-inc/), 2023-04-05: "JSA advised Aimia Inc and Paladin Private Equity on their acquisition of Tufropes Private Limited as well as the business undertakings of India Nets for a net purchase consideration of $235.1 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.