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Kibbutz-based valve makers A.R.I. and Dorot, plus OCV of Oklahoma, were merged into Aquestia, owned 51% by MAT Holdings and 49% by Kibbutz Kfar Haruv. The deal was worth about $100 million in a stock exchange structure and was completed in June 2022.
“One year after the announcement of the merger between the two Kibbutz-based valve manufacturers – A.R.I., owned by Kibbutz Kfar Haruv in the Golan Heights, and Dorot.”israelagri.com
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