Israeli icon Netafim, world leader in drip irrigation tech, sold for $1.5 billion – Mexichem promises to keep Netafim’s manufacturing in Israel for 20 years | Haaretz
An iconic Israeli company is changing hands: Netafim, the kibbutz-founded manufacturer of drip irrigation products, is being bought by Mexichem at a company value of nearly $2 billion. Mexichem vowed to keep manufacturing in Israel for 20 years.
Sacha Stawski
http://www.jpost.com/Business-and-Innovation/Tech/Mexican-firm-buys-80-percent-of-flagship-Israeli-agricultural-company-for-15b-501787