Permira said to make 2.5x its money with Netafim

Permira, Mexichem, Netafim
A green row celery field is watered and sprayed by irrigation equipment in the Salinas Valley, California. Photo courtesy Pgiam/E+/Getty Images
  • Permira acquired 61 pct of Netafim in 2011
  • Investment in Netafim reportedly valued at $870 mln
  • Permira used its $14 bln Fund IV to invest in Netafim
Permira is expected to nearly triple its money with the sale of Netafim Ltd, a source said. Mexichem has agreed to pay $1.52 billion for an 80 percent stake in Netafim, the source said. This includes the 61.35 percent held by ...

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