# Aquestia completes merger of Dorot, A.R.I. and OCV valve businesses under one company

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.

- Type: Acquisition
- Announced: 2022-06-09
- Value: $100.0M
- Status: completed
- Products: water protection valves, hydraulic control valves, fluid transmission systems
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Aquestia](https://endata.com/companies/9332.md)
- [MAT Holding](https://endata.com/companies/348.md) (acquirer)
- [Dorot](https://endata.com/companies/349.md) (target)
- [Kibbutz Kfar Haruv](https://endata.com/companies/9333.md) (investor)
- [A.R.I.](https://endata.com/companies/9334.md) (target)
- [OCV](https://endata.com/companies/9335.md) (target)

## Sources

- [israelagri.com](https://israelagri.com/the-merger-of-the-three-water-companies-under-one-company/), 2022-06-09: "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."

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