Jain Irrigation merges international irrigation business with Rivulis

Jain Irrigation Systems Ltd. and Temasek-owned Rivulis Pte Ltd. entered definitive agreements to merge Jain's International Irrigation Business with Rivulis, creating a global irrigation and climate leader with ~$750 million in revenues. Jain will retain a ~22% stake in the merged entity.

“The combined entity with ~ US$ 750 million in revenues will have unparalleled market coverage spread across 6 continents and 35 countries driven by innovation, digital and sustainability.”jains.com

• 1 source
• jains.comNews at Jains - Jain Irrigation to merge International Irrigation Business with Rivulis to create a Global Irrigation and Climate LeaderJain Irrigation Systems Ltd.Jun 21, 2022

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