Metzer Group News
7 articles
growth-negative
דויטש ובירם ביקשו להוריד את המחיר, ואקזיט הטפטפות של קיבוץ מצר בוטל
The acquisition deal for 75% of מצרפלס by קרן אדם פרטנרס was canceled after the funding partner, קרן רוליגו, requested a 20% price reduction following due diligence. The deal, initially agreed upon in January for 206 million shekels, was based on a valuation of 280 million shekels. Despite the setback, מצרפלס is performing well, expecting 2025 revenues of 400 million shekels and a net profit of 30 million shekels. The company, which focuses on irrigation systems, conducts most of its sales internationally. The kibbutz owning מצרפלס is now exploring other partnership opportunities.
Acquired-by
growth-positive
Adam Partners to buy Israeli drip irrigation co Metzerplas
Adam Partners, an Israeli private equity firm, has signed a memorandum of understanding with Kibbutz Metzer to acquire a 75% stake in Metzerplas, a company specializing in drip irrigation and plastic products. The acquisition is valued at NIS 206 million, with the remaining 25% of shares retained by Kibbutz Metzer. The deal has been approved by the majority of kibbutz members and will be financed by a group of investors led by Roni Biram and Gil Deutschs Roligo Group. This acquisition reflects a company valuation of NIS 275 million and marks a significant growth opportunity for Metzerplas.
Acquired-by
growth-positive
Indo-Israeli joint venture opens drip, sprinkler irrigation plant
A manufacturing facility for drip and sprinkler irrigation products in India, established by a joint venture between Skipper Ltd and Metzer, was inaugurated. The first phase of the project involved an investment of ₹20 crore, with a total expected investment of ₹130 crore over a decade. The facility aims to manufacture and supply irrigation systems to Indian farmers under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) and in open markets. It will also serve markets in the SAARC countries. The facility has an annual manufacturing capacity of 880 lakh meters/annum and incorporates cutting-edge Israeli technologies. The inauguration was attended by senior executives from both Skipper Ltd and Metzer.
InvestmentExpand
growth-positive
Gaon Group sells Metzerplas 25% stake
Gaon Group is selling its 25.1% stake in the irrigation company Metzerplas to Kibbutz Metzer for NIS 45 million, reflecting a company value of NIS 180 million. The sale will result in a NIS 5 million capital gain for Gaon Group. The agreement includes an additional payment clause if Metzerplas is offered on the stock exchange within three years at a value exceeding NIS 174 million. The deal is expected to be completed in the coming weeks. Prior to the sale, Metzerplas distributed dividends, including NIS 1.5 million to Gaon Group.
Acquisition
growth-positive
Skipper picks 50pc in drip irrigation foray with Israeli co
Skipper Ltd has formed a 50:50 joint venture with Israels Metzerplas to enter the INR 5,000 crore ($680m) micro irrigation market in India. The new special purpose vehicle, Skipper-Metzer India LLP, will establish its first micro-irrigation products plant in Hyderabad at an initial cost of $8m. The project is expected to generate INR 500 crore ($68m) in revenue by 2024. The venture may also establish a second plant in western India, depending on the response to the first. The project will also boost Skippers existing PVC pipes business.
PartnersInvestmentExpand
BusinessWorld Israeli agriculture firms promoting more efficient irrigation
growth-positive
Innovation in Agriculture Award at GrowTech for Metzerplas
Metzerplas Ltd., a global irrigation company, received a prize for excellence in irrigation at the Growtech Fair in Turkey. The companys subsurface drip-line systems, which prevent root penetration, are distributed in Turkey by GeoFlow. The systems save water and fertilizers and allow year-round mechanical cultivation. Metzerplas is considering establishing a production factory in Turkey due to potential demand and government support. The company focuses on premium products and customer needs, and exports 65% of its production capacity. Metzerplas has signed agreements with Chinese, Mexican, and Ukrainian companies to expand its presence in key agricultural markets. The article highlights the companys growth and expansion in the irrigation market.
PartnersInvestmentAcquisition
