# Hampiðjan acquires 75.1% stake in Kohinoor Ropes

Hampiðjan hf. signed an agreement to acquire a 75.1% stake in Indian net and rope manufacturer Kohinoor Ropes Pvt. Ltd. for an estimated €21.9 million.

- Type: Acquisition
- Announced: 2025-02-07
- Where: Maharashtra, India
- Value: $23.7M (21.9M EUR)
- Status: announced
- Capacity: 14,300 tonnes per year of ropes and nets
- Products: ropes, nets
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hampiðjan](https://endata.com/companies/82824.md) (acquirer)
- [Kohinoor Ropes](https://endata.com/companies/82825.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2025/02/07/3022778/0/is/hampi%c3%b0jan-hf-eignast-meirihluta-%c3%ad-indverska-f%c3%a9laginu-kohinoor.html), 2025-02-07: "Hampiðjan hf. hefur í dag, fyrir nokkrum mínútum síðan, undirritað samning um kaup á 75,1% hlut í indverska neta- og kaðlaframleiðslufyrirtækinu Kohinoor Ropes Pvt. Ltd."

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