Rivulis Irrigation Ltd.

Rivulis Irrigation Ltd. is a prominent provider of micro irrigation solutions, focusing on developing advanced technologies that enhance agricultural efficiency and promote sustainable farming practices globally. Founded in 1966, Rivulis Irrigation Ltd. specializes in micro irrigation systems, administering various products from its headquarters in Israel.

The company has undergone significant transformation, notably being acquired by Paine Schwartz Partners from FIMI. CEO Richard Klapholz leads the firm, overseeing its operations and strategic direction. Rivulis has successfully completed 3 funding deals, with the most recent being an LP Direct, Trade Sale round that raised USD 365. 00 mn, representing the total amount raised to date.

Rivulis specializes in advanced micro irrigation solutions, offering a diverse range of products designed to improve agricultural efficiency and sustainability. Their product portfolio includes drip irrigation systems with integrated emitters, pressure compensating models, and the innovative Rivulis X-Pell, an insect repellent drip line. The products are engineered to minimize clogging and provide uniform water distribution, thereby optimizing crop growth and reducing water usage. Rivulis also supplies filtration systems, online drippers, valves, and various connectors and accessories, catering to a wide array of crops including corn, cotton, and vineyard produce, serving clients across North America, Europe, Africa, and Latin America.

In 2019, Rivulis reported a revenue of USD 400. 00 mn and an EBITDA of USD 35. 00 mn. The company generates its revenue primarily through direct B2B sales, involving bulk orders of its irrigation systems and components.

They also establish partnership agreements with agricultural entities to enhance distribution. The pricing structure is reflective of the technology embedded in their products, ensuring value through increased agricultural yield and efficiency. Furthermore, Rivulis offers turnkey project services, delivering comprehensive irrigation system designs tailored to the requirements of large-scale agricultural operations. Rivulis plans to expand its product line by launching new irrigation technologies aimed at enhancing water efficiency in agriculture.

The company aims to enter new geographic markets, particularly targeting expansion in regions such as Asia and South America by 2025. The recent funding of USD 365. 00 mn will be instrumental in supporting these initiatives, including research and development for new product launches and broadening market outreach.