Acquisition History / PDS Ltd / Knit Gallery India Private Limited (55%)
PDS Ltd Acquires Knit Gallery India Private Limited (55%)
Announced January 28, 2025 — $4.7M
What happened
Knit Gallery is an Indian apparel manufacturer, supplier and exporter whose business was transferred from a partnership firm into Knit Gallery India Private Limited. PDS agreed to acquire a 55% controlling stake in one or more tranches for INR 413.40 million to expand its Indian manufacturing footprint.
- Acquirer
- PDS Ltd
- Target
- Knit Gallery India Private Limited (55%)
- Announced
- January 28, 2025
- Price
- $4.7M
- Industry
- Apparel manufacturing
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did PDS Ltd acquire Knit Gallery India Private Limited (55%)?
PDS Ltd acquired Knit Gallery India Private Limited (55%) on January 28, 2025. This was PDS Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did PDS Ltd pay for Knit Gallery India Private Limited (55%)?
PDS Ltd paid $4.7M for Knit Gallery India Private Limited (55%).
What does Knit Gallery India Private Limited (55%) do?
Knit Gallery is an Indian apparel manufacturer, supplier and exporter whose business was transferred from a partnership firm into Knit Gallery India Private Limited. PDS agreed to acquire a 55% controlling stake in one or more tranches for INR 413.40 million to expand its Indian manufacturing footprint.
What other Apparel manufacturing companies has PDS Ltd acquired?
Knit Gallery India Private Limited (55%) is PDS Ltd's only publicly tracked acquisition in Apparel manufacturing so far.