Rivulis

Last updated

Rivulis
Company typePrivate company
Industry Drip irrigation systems
Founded1966 (1966)
Headquarters
Singapour
Owner Temasek Holdings, Jaya Hind Industries (JHI)
Number of employees
2,000
Website www.rivulis.com

Rivulis is a global manufacturer and provider of complete micro and drip irrigation systems and solutions for seasonal horticulture, orchards, vineyards, row crops, SDI and greenhouse, soilless, hydroponic applications. Rivulis is headquartered in Singapore and is majority-owned by Temasek. [1]

Contents

With origins since the 1930s, the company represents an integration of five industry pioneers and veterans: Plastro, T-Systems, Roberts Irrigation, Eurodrip and NaanDanJain. [2] It has 3,300 business partners worldwide, and a wholesale retail and vast dealer network in over 120 countries.

The company operates 25 factories worldwide and has nearly 3,000 employees. [3] Rivulis has multiple global design centers and 3 R&D centers in agricultural hotspots of Israel, California, and Greece. [4]

History

In 2006, Plastro Irrigation (founded in 1966), Roberts Irrigation (founded in 1969), T-Systems (founded in 1977) were acquired by John Deere to form its micro and drip irrigation business, John Deere Water. [5]

In 2014, FIMI Opportunity Funds acquired John Deere Water, and changed the name to Rivulis Irrigation. [6] [7] In 2015, Jaya Hind Industries invested in Rivulis Irrigation and founded the joint venture in India, [8]

In 2016, Rivulis acquired Agam Advanced Agriculture and created Manna Irrigation Intelligence, its precision agriculture subsidiary. In 2017, Rivulis bought Eurodrip, a vetern micro and drip irrigation provider (founded in 1979), and become world's second largest irrigation systems manufacturer. [9] In 2019, Rivulis and Polyplastic founded a Joint venture in Russia. [10]

In 2020, Temasek Holdings acquired a majority stake in Rivulis. [11] In June 2022, Rivulis acquired the international subsidiaries of Jain Irrigation including NaanDanJain and Jain became a minority shareholder while Temasek retained majority holding. [3]

In March 2024, Rivulis sold its smart irrigation management subsidiary, ETWater to Husqvarna Group for an undisclosed amount. [12]

In July 2024, Rivulis and Phytech, a company that develops plant-based farming applications, announced a strategic partnership. Rivulis’ ag-tech subsidiary, Manna operations were merged into Phytech and Rivulis became a shareholder. [13]

Products

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References

  1. "RIVULIS PTE. LTD. - Profile, contacts and insights | The Grid". sgpgrid.com. Retrieved 8 September 2024.
  2. "NaanDan and Jain: Leave This World Better Than You Found It". Darden Business Publishing Storefront. Retrieved 8 September 2024.
  3. 1 2 "Israeli irrigation co Rivulis buys India's Jain". Globes. 22 June 2022. Retrieved 8 September 2024.
  4. Rivulis. "Rivulis and Jain Irrigation's International Irrigation Business to merge to create a Global Irrigation and Climate Leader". www.prnewswire.com. Retrieved 21 January 2023.
  5. "Deere & Company has completed the acquisition of Plastro Irrigation Systems". Israel High-Tech & Investment Report. July 2008. Retrieved 13 October 2009.
  6. Avi Shauly, John Deere buys Plastro, Globes, 10 February 2008
  7. "John Deere seeking Plastro acquisition". Ynet.com. 7 December 2007. Retrieved 13 October 2009.
  8. Shiri Habib-Valdhorn, India's DEL buys stake in Israeli irrigation co Rivulis, Globes, 11 Oct 2015
  9. Rivulis Irrigation buys Greek co Eurodrip, Globes, 11 January 2017
  10. Stuckey, David. "Nadmitov, Ivanov and Partners Assists Rivulis Irrigation in Creation of JV with Polyplastic Group". CEE Legal Matters. Retrieved 21 January 2023.
  11. Golan Hazani, Singapore's Temasek signs deal to acquire Israeli micro-irrigation company Rivulis, Calcalist, 13 September 2020
  12. "Husqvarna Group To Acquire ETwater". www.insightdiy.co.uk. Retrieved 13 March 2024.
  13. "Rivulis and Phytech partner to advance sustainable agriculture". New AG International.
  14. "Technical Innovation 2021 - EIMA International 2024 - Bologna (Italy)". www.eima.it. Retrieved 9 September 2024.
  15. Rivulis T-Tape in Rivulis Website
  16. Rivulis Ro-Drip in Rivulis Website
  17. Rivulis H6000 PE Layflat in Rivulis Website
  18. Barve, Dipti (14 May 2024). "Rivulis partners with agri-tech farm Veracruz Almonds in a pioneering trial in Portugal". Agro Spectrum India. Retrieved 9 September 2024.
  19. "Agro-tech firm Rivulis offers satellite monitoring of crops, via cellphones". www.israelhayom.com. Retrieved 9 September 2024.