Rivulis Irrigation

Rivulis Irrigation Overview

Rivulis Irrigation offers a full line of irrigation devices, including drip lines, drip tapes, filters, hoses and tubing, sprinklers, sprays, and valves. The companys products are designed for the above-ground and subsurface application of water and nutrients directly to the root zone of every plant, resulting in greater yields using equal or lower amounts of water and nutrients compared to other water-distribution systems. Rivulis Irrigation was established in 2014, when FIMI acquired the former John Deere Water division from John Deere. John Deere Water was established in 2006 by a consolidation of the micro-irrigation companies Plastro, T-Systems, and Roberts. Rivulis expanded into irrigation-focused precision agriculture software services with Manna Irrigation, a fully owned subsidiary. In 2017, Rivulis merged with the Greek irrigation company Eurodrip. In December 2020, the company was acquired by Temasek Holdings, Singapores government investment company, at a company valuation of $450 million.

Cumulative Funding Raised Over Time ($)

Latest News

Jul 15, 2024 · www.prnewswire.com

Rivulis Appoints Irrigation Industry Veteran Joshua Dixon as CEO

Jun 21, 2022 · www.prnewswire.com

growth-positive

Rivulis and Jain Irrigation's International Irrigation Business to merge to create a Global Irrigation and Climate Leader

Rivulis and Jain Irrigation Systems Limited have entered into a merger agreement, with Rivulis acquiring multiple overseas subsidiaries of Jain Irrigation. The merged company, called Rivulis (In alliance with Jain International), will be a global leader in irrigation and climate solutions. The merger will enable the company to provide extensive product offerings and digital farming services to growers and business partners worldwide. Temasek, a global investment company, will become the majority shareholder of the merged company. The transaction is subject to regulatory approvals. The merged company will be headquartered in Singapore and Israel and will focus on accessibility, innovation, and sustainability in the agricultural irrigation sector.

AcquisitionPartners

Dec 13, 2020 · en.globes.co.il

growth-positive

FIMI quadruples investment on sale of Rivulis

Temasek investment fund has completed the purchase of irrigation systems company Rivulis for $450 million. FIMI Opportunity Funds, which bought Rivulis in 2014, has realized its 60% stake at a company valuation of $450 million, quadrupling its investment. Rivulis is now the worlds second largest irrigation company.

Acquisition

Sep 13, 2020 · www.calcalistech.com

growth-positive

Singapore's Temasek signs deal to acquire Israeli micro-irrigation company Rivulis

Singapores Temasek Holdings has acquired 85% of Israel-based micro-irrigation company Rivulis Irrigation Ltd. The deal was signed with Rivulis controlling shareholder, FIMI Opportunity Funds (56%), and Paine & Partners (29%). Temasek intends to retain Rivulis current management and headquarters. FIMI will receive approximately $240 million for its shares, while Paine & Partners will get $125 million. The sale process began over a year ago and was halted due to the COVID-19 outbreak. Rivulis sales in 2019 were around $400 million. Rivulis employs 1,800 people across 16 facilities worldwide. Temasek has $306 billion in assets under management.

Acquisition

Jan 15, 2020 · www.calcalistech.com

growth-positive

Temasek in Talks for Irrigation Company Rivulis

Singapores government holding company Temasek Holdings is in talks to acquire Israel-based micro irrigation company Rivulis Irrigation Ltd. FIMI Opportunity Funds, Rivulis controlling shareholder, is asking for between $400 million and $500 million. Temasek is conducting a due diligence process for Rivulis. Other interested parties are also negotiating with FIMI, but FIMI is currently negotiating solely with Temasek.

Acquisition

Funding

Team Members

5

Employees: 500+

Web & Social Links

Locations

HaMehkar St 5, Migdal HaEmek, Israel

Gvat, Israel

Na'an, Israel

7545 Carroll Canyon Rd, San Diego, CA 92121, USA

Cerro Sta Lucía 9990, Quilicura, Región Metropolitana, Chile

Zi la Pointe, 13 Chem. de Novital, 31150 Lespinasse, France

Pushkin St, 105, Kazan, Respublika Tatarstan, Russia, 420015

Manzanares, 13200 Manzanares, Ciudad Real, Spain

13-15 Duntroon Street, Brendale Queensland 4500, Australia

Simn Bolvar Norte 1365, Chimbas, San Juan, Argentina

Block No.593/B, PadraJambusar Road, Village: Vadu, Taluka: Padra, District: Vadodara -391 440, Gujarat, India

Mina de Calderones N 200 Puerto Interior Santa Fe III Silao, Guanajuato, Mexico

R. Lineu Anterino Mariano, 255 - Distrito Industrial, Uberlândia - MG, 38402-346, Brazil

Castaneda Bldg, 71 J.P. Laurel Ave, Bajada, Davao City, 8000 Davao del Sur, Philippines

China, Bei Jing Shi, Chao Yang Qu, 甲 Shu Guang Xi Li, 1-11号CN 北京市 邮政编码: 100028

Boyle Rd, Corby NN17 5XU, UK

60B Orchard Rd, Singapore 238891

Oinofyta, Viotia, Greece

164 Al Haram, Al Kom Al Akhdar, El Talbia, Giza Governorate 12512, Egypt

Esentepe Mahallesi, Bykdere Caddesi, ili, Turkey

2851 E Florence Ave, Fresno, CA 93721, USA

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