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BUSINESS BRIEF

The company is a fully integrated green denim manufacturer in Ethiopia, promoted by a reputed Indian group. It operates a state-of-the-art Oeko-Tex certified plant and exports to leading denim brands across Europe, USA, and Asia.

Key Highlights:
  • Established Brand & Profitable Business with global clientele.
  • Capacity: 12 Mn meters of denim annually.
  • Strategic Location: Ethiopia – low power cost ($0.02/kWh) with owned 132KV substation ensuring uninterrupted supply.
  • Manpower: 1,150 employees (majority women workforce).
  • Competitive Edge: First mover advantage in eco-friendly denim manufacturing.

Business Divisions

  • Spinning Unit – 1,440 Rotors (Saurer make)
  • Ball Warping – 2 Machines (Morrison make)
  • Rope Dyeing – 24–28 Ropes (Morrison make)
  • Weaving – 60 Looms (Toyota make)
  • Finishing – 1–2 Lines (Morrison make)
  • Garmenting – 12 Mn Meters capacity

Products & Services

  • Basic Denims
  • Mercerized Fashion Denims
  • Rigid, Cotton Stretch & Poly-Stretch Denims
  • Over-dyed & Printed Denims
  • Denim Garments

Additional Information

Green Edge: One of the first sustainable denim plants globally with Oeko-Tex certification.

Proposal
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Industry

Consumer Product-manufacturing

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Sub Industry

Clothing, Apparel & Allied Manufacturing (Textiles - Yarn, Fibre,Fabrics)

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Nature of Business

B2B

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Sector

Manufacturing (Own Brand)

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Reason for sell-off

Financial or Operational Challenges

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Region

Africa

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Open For Dilution

100 % (Complete Buyout)

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Top Customer

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Deal Size

INR 220 - 250 Cr

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Justification

6-7x multiple on adjusted ebitda

Business Operation Information
Financial Information
2025 (in INR Cr) 2024 (in INR Cr) 2023 (in INR Cr)
Sales
N.D 122.43 197.3
EBITDA
N.D
PAT
N.D
Business Documents