Rivulis Irrigation Ltd.

www.rivulis.com

Formerly Plastro Irrigation, John Deere Water

High-Tech Company

TECH VERTICALS

AgriTech, Cleantech, Irrigation, Smart Farming

General Data

Sector	Agritech
Company Stage:	Revenue Growth
Established	1966
Number of Employees	3,000
Employees in Israel	600
Reg. Number:	abCDe

DESCRIPTION

Rivulis is a global micro and drip irrigation solutions innovator offering the broadest portfolio in the market featuring the industry’s most recognized product brands, including T-Tape, Ro-Drip, Hydrogol, D5000 PC, Supertif and Eurodrip Eolos and Eolos Compact plus a comprehensive range of services.

Established in 1966, Rivulis is headquartered in Israel with a strong global presence, including 15 manufacturing facilities, 2,000 employees, 3 R&D Centers and multiple Design Centers.

TECHNOLOGY

Rivulis develops a full line of irrigation products including Drip Tapes and Drip Lines, Online Drippers, Sprinklers & Jets, Layflat & Pipes, Filters, Valves, Connectors & Accessories

Rivulis' technology is about applying the right amount of water at the right time throughout the whole season. An irrigation system comprised of Rivulis Irrigation products can generate greater yields using the same, or even less, water and nutrients than with previous water distribution systems.

With advanced product features and built-in reliability, Rivulis provides solutions for above ground or subsurface application of water and nutrients directly to the root zone of each plant. Its product range includes drip tapes, drip lines, drippers, micro sprinklers and sprays, hose and tubing, filters and a wide range of irrigation accessories.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Farmers, Industrial Irrigation, Gardners, Landscapers, Metal Extractors and Miners.

COMPETITORS

Euro-Drip (Greece) , Jane (India) , NaanDanJain , Nelson , Netafim Ltd. , Rainbird , Roberts John Deere (US) , Seninger , Toro , T-Tape

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
1D818DCC-1F7A-E111-AC59-00155D32A403		Rivulis Irrigation Ltd.
CE0A3BBE-6064-E611-893A-80C16E7D3630	Spin-off	Manna Irrigation Ltd.	Rivulis Irrigation Ltd.	Acquired/Merged

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Accounting Firm

REMARKS

Date	Remark
30/03/2023	Rivulis acquired multiple overseas subsidiaries which consist of the International Irrigation Business (“IIB”) of Jain Irrigation. These include, among others, NaanDan Irrigation and Gavish Control Systems. The transaction consideration was a combination of cash and stock.
29/05/2016	Fimi bought 100% of John Deer Water for $60m and changed its name to Rivulis Irrigation. The company changed back from a Foreign R&D center to an Israeli High Tech company.
01/06/2008	John Deere (Deere & Company) acquired Plastro Irrigation Systems and foreign companies T-Systems and Roberts Irrigation. The three companies were combined into one, John Deere Water, which was headquartered in Israel and served as a Foreign R&D center.

CONTACT INFO

Expand / Collapse All

Main Address: Kibbutz Gvat, Israel

City	Kibbutz Gvat
Country	Israel
Zip	3657900

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Queensland, Australia

Address	13-15 Duntroon Street
City	Queensland
Country	Australia
Zip	4500

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Uberlandia, Brazil

Address	Rua Lineu Anterino Mariano, 255 , Distrito Industrial
City	Uberlandia
Country	Brazil
Zip	38402-346

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Toulouse, France

Address	13 Chemin de Novital, Zi la Pointe , Lespinasse
City	Toulouse
Country	France
Zip	31150

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Pune, India

Address	214, LBS road, Navi Peth, Surya Plaza, First Floor
City	Pune
Country	India
Zip	411030

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: San Diego, United States

Address	7545 Carroll Road
City	San Diego
State/Province	CA
Country	United States
Zip	92121

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Joshua Dixon	CEO
Mr. Itzhak Maayan	CFO	NanoX (CFO)
Ms. Adi Mannor-Kiraly	Chief Sustainability & Communications Officer	Strauss Water (Director of Business Development)
Ms. Yael Chopra	Chief Human Resources Officer
Mr. Eran Ossmy	President, Micro Irrigation Division (MID)
Mr. Michael Rosenblau	General Manager, Israel Business Unit

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Managing Partner, Red Dot Capital Partners

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Sep. 13, 2020

abCDe

Acquired

May. 29, 2014

Revenue Growth

abCDe

FIMI bought 100% of Rivulis Irrigation (formerly Jhon Deer Water) for $60m; 10/2015: FIMI sold 20% of the company to Indian company Dhanna Engineering (DEL) for $34m; 01/2017: Following the acquisition of Eurodrip by Rivulis, Fimi holds 51% of the new combined company. 08/2019: FIMI holds 59.6% of the company, Dhanna Engineering holds 14/9% and Paine & Partners holds 25.5%. 09/2020: FIMI sold all holdings (56%) to Temasek fro $256m. Paine sold its 20% for $92m.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Private Equity Fund	abCDe	FIMI bought 100% of Rivulis Irrigation (formerly Jhon Deer Water) for $60m; 10/2015: FIMI sold 20% of the company to Indian company Dhanna Engineering (DEL) for $34m; 01/2017: Following the acquisition of Eurodrip by Rivulis, Fimi holds 51% of the new combined company. 08/2019: FIMI holds 59.6% of the company, Dhanna Engineering holds 14/9% and Paine & Partners holds 25.5%.

Acquired

Jun. 03, 2008

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Aug. 30, 2005	Second Public Offering	TASE	abCDe	abCDe
May. 31, 2004	IPO	TASE	abCDe	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Secondary Deal

Oct. 11, 2015

Revenue Growth

abCDe

Purchased 20% of the company from FIMI for $34m. 08/2019: Holds 14.9%.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Traditional Industry	abCDe	Purchased 20% of the company from FIMI for $34m. 08/2019: Holds 14.9%.

Venture Lending

May. 10, 2007

Revenue Growth

abCDe

Venture Lending

Apr. 22, 2007

Revenue Growth

abCDe

Other

Aug. 24, 2005

abCDe

	Acquisitions made by Rivulis Irrigation

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij (Partial Sale)	N/A	Mar. 30, 2023	abCDe	Rivulis has acquired multiple overseas subsidiaries which comprise the International Irrigation Business (“IIB”) of Jain Irrigation.
abC Defghij	N/A	Jan. 10, 2017	abCDe	Rivulis purchased Eurodrip from Paine & Partners Fund in exchange for 25.5% of its own shares.