Tag Archive for Netafim

| August 9, 2017
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Israel’s Micro-irrigation pioneer Netafim sold to Mexichem for $1.5 Billion

 

Mexican group purchased 80% of Israel’s world-leading micro-irrigation firm, active in 30 countries, with a $855 million turnover in 2016
• Following PM Netanyahu’s recent visit to Africa, Netafim expected to expand into a dozen African markets.

By Zeev Klein & AFP

 

Mexican group Mexichem is to buy 80% of Israel’s world-leading micro-irrigation firm Netafim for $1.5 billion, the Israeli company announced on Monday.

Button dripper – Photo: Borisshin/Wikimedia

Founded in 1965, Netafim specializes in water-saving “smart drip” and micro-irrigation systems for agriculture. Netafim is active in 30 countries, owns 17 production plants, employs 4,300 people, and sells its products in more than 100 countries. Continue Reading »

Category: Innovations & Discoveries, Israel News | Tags: , ,
| May 18, 2016
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Israel’s drip irrigation giant opens first manufacturing plant in China

 

view videoNetafim CEO released a statement that the location for their first plant in China was chosen due to its low rainfall levels that has led to an increasing interest by local farmers to find innovative ways in water conservation.

By MICHELLE MALKA GROSSMAN

 

Drip irrigation and other water-saving technology will be getting a major boost in China, after Israeli drip irrigation leader Netafim opened its first production plant there on May 9. Netafim announced the inauguration of the plant in Yinchuan, the capital of the northwestern Ningxia Hui Autonomous Region.

FROM LEFT TO RIGHT: Stephan Titze, Eitan Neubauer, Israeli Ambassador to China Matan Vilnai and David Zeng, Managing Director for China at Netafim.

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Category: Innovations & Discoveries, Israel News | Tags: , , , , ,