Register with Bluefield for immediate, free access
to water market data and analysis.
Login

Mexichem Secures Top Spot in Smart Irrigation

17 August 2017
Research Note
All services

On 7 August 2017, Mexichem, S.A.B. de C.V. announced the acquisition of Israel-based Netafim for US$1.86 billion, or an estimated EBITDA multiple of 14.1x. The transaction, which closed in Q4 2017, gives Mexichem 80% of the company’s shares.

In 2016, Mexichem’s total revenues topped US$5.3 billion, while Netafim reported revenues of US$855 million. The global market for advanced irrigation solutions are consolidated largely among five key players with combined revenues for irrigation totaling more than US$2.3 billion.


Companies Mentioned

// // // // // // // // // // //

More Research

$250

This Research Note is only available to insight service clients. Interested in becoming a client?

Learn more about our services »

Contact us »

Share with colleagues





Another example re: critical infrastructure providers converging under a single investor-owned utility banner: Pa. approves @AquaAmerica’s $4.3 billion expansion into natural gas. Now it wants to be Essential. inquirer.com/business/aqua-… via @PhillyInquirer #PrivateWater

Utility Management Conference
Feb 25-28, 2020 / Anaheim, CA 

WEX Global 2020
March 2-4 / Valencia, Spain

21 Jan 2020 Municipal Pipe Market Turns to New Technologies to Address Aging Water Infrastructure

15 Jan 2020 Looking to 2020 and Beyond: Key Trends and Perspectives in Global Water Markets