Atraco Group
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Atraco Group - overview
Established
1986
Location
Dubai, -, United Arab Emirates
Primary Industry
Consumer Products
About
Based in Dubai, UAE, and founded in 1986, Atraco Group provides a variety of apparel to its customers. In August 2023, Gokaldas Exports, a portfolio company of ICICI Bank and Abu Dhabi Investment Authority, agreed to fully acquire Atraco Group for USD 55 million. The transaction is subject to customary regulatory approvals and is expected to be completed by Q3 of FY24. The company manufactures an extensive range of apparel products.
The firm’s product range includes woven casual pants, shirts, jackets, skirts, dresses, blouses, and shorts. Additionally, the firm also produces a wide variety of knit garments such as t-shirts, polo shirts, activewear, and polar fleece tops and bottoms. The firm is operational in four countries including UAE, Kenya, Ethiopia, and Egypt.
Current Investors
Gokaldas Exports
Primary Industry
Consumer Products
Sub Industries
Clothing
Website
www.atracogroup.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Atraco Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, LP Direct | Completed | Atraco Group | - |
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