# 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.

- Type: Acquisition
- Announced: 2022-06-21
- Where: Singapore
- Status: announced
- Products: irrigation systems, climate solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jain Irrigation Systems](https://endata.com/companies/14148.md) (target)
- [Temasek Holdings](https://endata.com/companies/18585.md) (investor)
- [Rivulis](https://endata.com/companies/62174.md) (acquirer)

## Sources

- [jains.com](https://www.jains.com/Company/news/Jain_Irrigation_to_merge_International_Irrigation_Business_with_Rivulis_to_create_a_Global_Irrigation_and_Climate_Leader.htm), 2022-06-21: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.