Jain Irrigation Systems to acquire 80% stake in two US entities

19 Apr 2017 Evaluate

Jain Irrigation Systems (JISL) through its multi generation Wholly Owned Subsidiary in United States of America (USA) agreed to acquire 80% stake in two US entities. Two of the United States' largest micro-irrigation dealers - Agri-Valley Irrigation (AVI) and Irrigation Design and Construction (IDC), have entered into an agreement to merge ownership of their businesses into a newly formed distribution company. The new organization is an un-paralleled leader in design, construction, service and innovative Ag Technology. This entity will provide a unique platform to help growers implement state-of-the-art irrigation technology and achieve ‘More Crop Per Dropm’. AVI and IDC have been long tenured stable companies with operations in United States of America.

This is a key strategic investment by JISL into one of the largest irrigation markets in the world. JISL already has a presence in U.S. micro irrigation market through its wholly owned subsidiary Jain Irrigation (JII), which is headquartered in Fresno, California.

Jain Irrigation Sys Share Price

30.36 -0.14 (-0.46%)
20-Mar-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3827.50
Astral 1631.65
Finolex Inds 174.50
Nilkamal 1220.20
Jain Irrigation Sys 30.36
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