Paine & Partners Completes Eurodrip Acquisition

Paine & Partners, a global private equity investment firm focused on investing in food and agribusiness has completed the acquisition of majority ownership of Eurodrip, a global manufacturer and supplier of drip irrigation solutions. As part of the investment, which was previously announced in October 2012, P&P Water Holdings purchased all of the shares of Eurodrip held by Aquanova International Holdings, a company controlled by Global Capital Investors II, a private equity fund advised exclusively by Global Finance, as well as Bellaria Holding Ltd, which together represent approximately 67.5 percent of the company’s outstanding shares.

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