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Fila Weighs Options to Deepen Ties with India's Doms Industries
12 Nov
Summary
- Fila reviewing options for its 26% stake in Doms Industries
- Considering increasing stake, selling part, or potentially combining companies
- Aims to strengthen Fila's presence in fast-growing Indian market
As of November 12, 2025, Italian stationery company Fila SpA is reviewing options for its minority stake in India-listed Doms Industries Ltd. Fila, known for brands like Giotto crayons and Dixon Ticonderoga pencils, owns a 26% stake in Doms, worth around $450 million at current market prices.
The company is considering several possibilities, including increasing its Doms stake, selling a portion of it, or potentially combining the two businesses. Fila's goal is to recognize the value of its Doms holding while also strengthening the Italian firm's presence in the fast-growing Indian market, where CEO Massimo Candela sees significant opportunities for growth.
Fila has been an investor in Doms since 2012, and the two companies have a sales and manufacturing partnership that is key to Candela's expansion plans. The Indian company's rising valuation, with a market value of $1.76 billion, has created challenges for dealmaking between the partners, as Fila's own market capitalization is only $566 million.
