merger deal between the two manufacturers of valves in a deal estimated at $ 100 million

The merger deal between the two manufacturers of valves (fluid flow regulator valves) - Dorot Company of command and control bodies, from Kibbutz Dorot in the Negev, and ARI Fluid Transmission, from Kibbutz Kfar Haruv in the Golan Heights, has been completed in recent days. The value of the deal is estimated at $ 100 million.
Doroy Command & Control Company was established in 1946 and is engaged in the production and supply of water control and optimization products in Israel and worldwide. As of 2014, control of generations has been controlled by the Spanish MAT Group. When completed, MAT Holding holds 51% of the merged entity and Kfar Haruv holds 49%.
lion. Fluid Transmission Accessories is engaged in the manufacture and supply of solutions for the protection of fluid transmission systems in Israel and worldwide. Kfar Haruv held until the merger fully held the company's shares.
The two kibbutz industry makers are merging into a $ 100 million deal. Dorot is from Kibbutz Dorot, a member of the Spanish MAT Holding group, and ARI is from Kibbutz Kfar Haruv. The merged company will operate in the field of complementary products in the field of control and control of water systems and employ over 400 employees
The merger deal between the two manufacturers of valves (valves that regulate fluid flow) - Generations from command and control bodies, from Kibbutz Dorot in the Negev, and ARI Fluid Transmission, from Kibbutz Kfar Haruv in the Golan Heights, has been completed in recent days. The value of the deal is estimated at $ 100 million.
Dorot was sold ten years ago to Sherry Arison and she sold it to the Spanish company. However, it is a merger between two companies from the collective sector, located in different parts of the country but complementing each other.
The merger between ARI and Generations will create a global player that will increase competition for another company from the kibbutz sector, Bramed from Kibbutz Sa'ar and Kibbutz Evron in the north. The merged company will operate in the field of complementary products in the field of water control and control systems and will employ over 400 employees at the two current production sites of the companies in Dorot and Kfar Haruv.
The merged body sales are $ 100 million a year, with a network of 10 subsidiaries in the world selling to dozens of countries. Both companies are export-led, with over 80% of their sales estimated to be global markets.