Permira

Mexichem agreed to buy 80% of drip irrigation maker Netafim for $1.5 billion, valuing the company at $1.9 billion, with Permira selling its 61.3% stake and Kibbutz Hatzerim and Kibbutz Magal also selling shares.

A company backed by Permira funds signed a definitive agreement to acquire Atlanta-based DiversiTech, a manufacturer and supplier of HVACR aftermarket components, from an affiliate of The Jordan Company. The senior management team will remain significant owners.