On 15 October 2025, Mexico City-based Orbia announced its intention to sell its precision agriculture business unit to Israel-based Netafim, seven years after acquiring an 80% stake for US$1.9 billion in 2018. Israeli private equity firm Fortissimo Capital is reportedly the leading candidate. Israeli cooperative Kibbutz Hatzerim holds the other 20%. The divestiture signals a strategic shift away from agriculture, as Orbia refocuses on its flagging industrial materials and infrastructure businesses.
Netafim generated approximately US$1 billion in revenue in 2024, representing 13% of Orbia’s total sales and making it the third-largest business group. Netafim manufactures drip and micro-irrigation systems, including drip lines, filters, valves, greenhouse components, and digital agriculture technologies, with operations spanning 110 countries.
In addition to its precision agriculture business unit, Orbia has four remaining business groups—Polymer Solutions, Building and Infrastructure, Connectivity Solutions, and Fluor and Energy Materials. Orbia reported US$7.5 billion in revenue in 2024.
