Rivulis Irrigation
Formerly Plastro, Eurodrip, John Deere Water, Rivulis Eurodrip, Rivulis Irrigation
Drip and Micro-irrigation Equipment
Startup Acquired Agriculture & Food Technologies Est. 1966 Acquired
Total Raised
Undisclosed
Acquired
Last Round
$250M
2 rounds
Investors
5
5 public
Team
5
500+ employees
Confidence
100/100
News
15
articles
About
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.
Classification
Sector
Climate TechSustainable Water SolutionsWater for Industry & Residential UsesFood & Land UseSustainable FarmingAgriculture & Food TechnologiesAg TechFarm Equipment & Treatment
Core Technology
Components
Target Customer
Agriculture & FoodCrops
Business Model
B2B
Tags
agtechwater-managementgardeningirrigationdrip-irrigationvalvescropsfilterswater-savingclimate-techwater-systemsfarmerswateragricultureirrigation-and-water-managementpipes-and-pipelines
Funding & Events
Mar 2016
M&A Undisclosed
Mar 2016
M&A Undisclosed
Jun 2022
M&A Undisclosed
Jun 2008
Exit $73M
Jul 2022
Debt Financing $250M
HSBC Ventures, Rabobank, State Bank of India, Leumi Partners, FIBI Holding
Jan 2017
M&A Undisclosed
Feb 2014
Exit $60M
Feb 2008
Exit Undisclosed
Dec 2020
Exit Undisclosed
Apr 2023
M&A Undisclosed
Exit Undisclosed
News (15)
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
AcquisitionPartners
Dec 13, 2020 · en.globes.co.il
growth-positive
FIMI quadruples investment on sale of Rivulis
Acquisition
Sep 13, 2020 · www.calcalistech.com
growth-positive
Singapore's Temasek signs deal to acquire Israeli micro-irrigation company Rivulis
Acquisition
Jan 15, 2020 · www.calcalistech.com
growth-positive
Temasek in Talks for Irrigation Company Rivulis
Acquisition
Aug 20, 2019 · www.calcalistech.com
growth-negative
FIMI in Early Talks to Sell Irrigation Company Rivulis
AcquisitionInvestmentLayoffs
Jan 12, 2017 · www.globes.co.il
growth-positive
Rivulis Irrigation buys Greek co Eurodrip
Acquisition
Jan 12, 2017 · www.prnewswire.com
growth-positive
Rivulis and Eurodrip Announce Merger to Create a World Leader in Micro Irrigation
Acquisition
Mar 14, 2016 · www.hortidaily.com
growth-positive
Israel: Rivulis establishes software division Manna Irrigation
AcquisitionExpand
Oct 11, 2015 · www.globes.co.il
growth-positive
India's DEL buys stake in Israeli irrigation co Rivulis
Investment
Jun 12, 2014 · www.israelagri.com
growth-negative
FIMI Purchased John Deere Water, that has Technological Expertise in Irrigation Technology
Investment
Feb 27, 2014 · en.globes.co.il
growth-negative
FIMI completes John Deere Water acquisition
Acquisition
Aug 16, 2008 · www.plasticsnews.com
growth-positive
Deere buys Plastro Irrigation
Acquisition
May 6, 2008 · www.rttnews.com
Growth-Positive
Deere finalizes acquisition of Israel-based Plastro Irrigation;terms not disclosed - quick facts
Acquisition
Feb 10, 2008 · en.globes.co.il
growth-positive
John Deere buys Plastro
Acquisition
Details
Product Stage
Released
Employees
500+
Exact Count
1431
District
North District
Founded
1966
Registrar
515048452
Crunchbase
rivulis-irrigation
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
Links
Website
LinkedIn
Facebook
Admin
Last Update
Dec 8, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
video or image, markets
Team (5)
Joshua Dixon
CEO
Alex Kannor
COO
Adi Mannor Kiraly
Chief Communications & Branding Officer
Yael Chopra
Chief Human Resources Officer
Igor Goldfeld
Head of Digital Marketing
Internal
Created by
Yamila Silbert (yamila.urwicz@gmail.com)
Created
2015-03-26T00:00:00.000Z
Last editor
Ortal Wein (ortalw@sncentral.org)
Status
Acquired by John Deere on Jun, 2008