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.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
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