Arvind Advanced Materials enters US market with acquisition of Dalco-GFT
The Arvind Ltd subsidiary buys a controlling stake in a $100 million technical textiles company.
Arvind Advanced Materials Limited (AAML), a wholly owned subsidiary of Arvind Limited, has announced its entry into the United States—the world’s largest technical textile market—through the acquisition of nearly 61 percent controlling stake in Dalco-GFT, a US-based manufacturer of specialized needle-punched non-woven specialty fabrics.
The company said the acquisition aligns with Arvind’s long-term strategy of strengthening its integrated supply chain and pursuing value-accretive opportunities to enhance business resilience, expand global partnerships and address evolving trade dynamics.
Dalco-GFT is a company with a top line of around $100 million and has reported an EBITDA margin of nearly 17 percent and a return on capital employed (ROCE) of approximately 40 percent, based on audited CY25 financials. AAML stated that the transaction is expected to be margin and EPS accretive at the ultimate holding company level, Arvind Limited.
With this acquisition, Arvind aims to strengthen its presence in the advanced materials segment while gaining a strategic foothold in the US technical textiles market, which offers significant demand across industrial and performance-driven applications.
AAML operates an advanced materials platform with supply leadership across key sectors such as protective gear, renewable energy, mass mobility, industrial filters and belting. The company is backed by the Arvind Group’s century-long legacy in textile manufacturing, capital goods and industrial materials.
Established nearly two decades ago, AAML has developed an innovation-led product portfolio with deep vertical integration spanning materials, processing and finished products, enabling cost leadership and margin resilience. The company said the Dalco-GFT acquisition further strengthens its capabilities and positions it for expanded global growth in specialty non-woven fabrics.
