Snow Peak Capital Announces Sale of Majority Interest in Dalco-GFT to Arvind Advanced Materials Limited
BROOMFIELD, Colo., May 6, 2026 — 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), a wholly owned subsidiary of Arvind Limited (Arvind), a leading global textiles and advanced materials company headquartered in Ahmedabad, India. Snow Peak and Joey Duncan, Dalco-GFT’s chief executive officer, will retain a minority equity stake in the company.
