Six months after Israeli private equity firm FIMI acquired Israeli water irrigation company Rivulis for $60 million, Dhanna Engineering (DEL) will take a 20 percent share of Rivulis for $34 million. The deal reflects a $170 million value for Rivulis, six months after the company, previously part of John Deere Water, was sold to FIMI. DEL is owned by the Firodias, one of India’s wealthiest families.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts

Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024

TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024

Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024

BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments