Fortune changes at irrigation company

Israel’s Rivulis Irrigation was losing $50 million a year when in 2014 it was acquired by Venture Capitalists FIMI for $60 million. New management and partnering India’s Dhanna Engineering now values Rivulis at $170 million.

http://www.globes.co.il/en/article-indias-del-buys-stake-in-israeli-irrigation-co-rivulis-1001072828

http://rivulis.com/about/

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