drip irrigation manufacturer News
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Watering the world
Original story at MIT News Many farms in drought-prone regions of the U.S. rely on drip irrigation as a water-saving method to grow crops. These systems pump water through long thin tubes that stretch across farm fields. Hundreds of dime-sized drippers along the length of each tube trickle water directly onto a plant’s base. A farmer can control the timing and amount of watering, ...
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Rivulis and Eurodrip announce merger to create a world leader in micro irrigation
Rivulis Irrigation Ltd. of Israel and Eurodrip S.A. of Greece announced today that the two companies have entered into a definitive merger agreement in an all-share transaction, creating a global leader in micro irrigation. Transaction closing is subject to satisfaction of certain conditions including, but not limited to, regulatory approvals. The merged company will have unparalleled market ...
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Deere Reaches Agreement to Sell Irrigation Operations
Deere & Company (NYSE: DE) announced today that it has reached a definitive agreement to sell its irrigation operations to FIMI Opportunity Funds, the leading private equity firm in Israel. After being involved in the production of irrigation products for seven years, Deere announced in September its intention to seek strategic options for the irrigation operations known as John Deere Water. ...
By John Deere
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Deere to Review Strategic Options for John Deere Water Operations
Deere & Company announced today it will review strategic options for its irrigation operations known as John Deere Water and has retained Bank of America Merrill Lynch as exclusive financial advisor to assist in the initiative. Deere said no formal decisions have been made and no agreements have been reached concerning the company's irrigation operations. Deere noted that effective water ...
By John Deere
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