M&A Deal Summary

Orbia Advance Acquires Netafim

On August 7, 2017, Orbia Advance acquired agriculture company Netafim from Permira for 1.9B USD

Acquisition Highlights
  • This is Orbia Advance’s 1st transaction in the Agriculture sector.
  • This is Orbia Advance’s largest (disclosed) transaction.
  • This is Orbia Advance’s 1st transaction in Israel.

M&A Deal Summary

Date 2017-08-07
Target Netafim
Sector Agriculture
Buyer(s) Orbia Advance
Sellers(s) Permira
Deal Type Add-on Acquisition
Deal Value 1.9B USD

Target

Netafim

Tel Aviv, Israel
website
Netafim Ltd. is a provider of smart drip and micro irrigation solutions for sustainable agriculture and other applications for over 100 countries and holds c.30% share of the global market.

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Buyer(S) 1

Buyer

Orbia Advance

Mexico City, Mexico

website


Category Company
Founded 1953
Sector Chemicals
Employees24,076
Revenue 8.8B USD (2021)
DESCRIPTION

Orbia Advance Corporation, is a provider of products and solutions across multiple sectors from petrochemical to construction, infrastructure, agriculture, healthcare, transportation, telecom and energy, among others. Company is a producers of plastic pipes and connections worldwide and one of the largest chemical and petrochemical companies in Latin America. Orbia Advance Corporation, was founded in 1953 and is based in Mexico City, Mexico.


DEAL STATS #
Overall 19 of 20
Sector (Agriculture) 1 of 1
Type (Add-on Acquisition) 11 of 12
Country (Israel) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 Vinyl Compounds

Derbyshire, United Kingdom

Vinyl Compounds Ltd. is a technical PVC compounds manufacturer serving a broad range of industries including: building and construction, pipe and profile manufacturers, footwear and consumer goods.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-22 Sylvin Technologies

Denver, Pennsylvania, United States

Sylvin Technologies, Inc. is a manufacturer of flexible PVC Vinyl compounds offering standard and custom formulations of vinyl. Sylvin Technologies was founded in 1978 and is based in Denver, Pennsylvania.

Buy $39M

Seller(S) 1

SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1985
PE ASSETS 75.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


DEAL STATS #
Overall 62 of 89
Sector (Agriculture) 2 of 2
Type (Add-on Acquisition) 21 of 30
Country (Israel) 1 of 1
Year (2017) 2 of 4
Size (of disclosed) 14 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-21 Klarna

Stockholm, Sweden

Klarna offers safe and easy-to-use payment solutions to e-stores in Europe with the ambition to make e-commerce safer, simpler and more fun. At the core of Klarna's services is the concept of after delivery payment, which lets buyers receive ordered goods before any payment is due. At the same time, Klarna assumes all credit and fraud risk for e-stores so that sellers can rest assured that they will always receive their money. Klarna was founded in 2005 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 Curriculum Associates

North Billerica, Massachusetts, United States

Curriculum Associates is a provider of technology-enabled assessment and instructional programs for elementary and middle school students, teachers and administrators. The company’s adaptive assessments, personalized learning materials and exceptional customer service help students achieve their full potential and make teachers more effective. Curriculum Associates was founded in 1969 and is based in North Billerica, Massachusetts.

Buy -