Rivilus exits for $365 million

Singapore’s Temasek is to acquire Israeli-based micro-irrigation company Rivulis for a reported $365 million. Temasek intends to retain Rivulis’ current management, as well as its headquarters in Kibbutz Gvat. Rivulis’ 2019 sales were some $400 million. 400 of its 1800 staff are in Israel.

https://www.calcalistech.com/ctech/articles/0,7340,L-3849453,00.html

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