Rivulis and Eurodrip merge to create global micro irrigation leader

Rivulis Irrigation and Eurodrip entered into a definitive merger agreement in an all-share transaction, creating a global leader in micro irrigation. FIMI will maintain a majority stake.

“Rivulis Irrigation Ltd. of Israel and Eurodrip S.A. of Greece announced that the two companies have entered into a definitive merger agreement in an all-share transaction.”irrigazette.com

• 1 source
• irrigazette.comRivulis and Eurodrip Announce Merger to Create a World Leader in Micro Irrigation | IrrigazetteOnFeb 27, 2017

Summarized from public sources; check the original articles before acting on it.