Netafim is a pioneer and world leader in smart irrigation solutions for agriculture.

Highlights:

·      Simcha Blass and Kibbutz Hatzerim founded Netafim in 1965 with the concept of drip irrigation - drops of water at regular intervals applied directly at the root zone.

·            Drip irrigation enables efficient irrigation with small amounts of water, limiting evaporation and water wastage, reducing the application of  fertilizers and chemicals and enhancing its capacity to effectively control plant disease.

·          Netafim's solutions transformed the manner in which farmers and agriculturists all over the world deliver water and nutrigation ™ to crops.

·        Netafim's solutions cover a broad range of applications including open-field crops, landscape irrigation, greenhouse technology systems and turnkey greenhouse projects, wastewater management and advanced Crop Management Technology (CMT) for  monitoring "real time" growing systems.

·            80% of irrigated land in Israel uses Netafim's fertigation concept.

·          More than 3 million acres of farmland in the United States use Netafim's concept of drip irrigation.

·        Netafim™ is currently jointly owned by three kibbutzim (Hatzerim, Magal and Yiftah) and by the Markstone and Tenne Funds.

·        Netafim operates in 112 countries via 32 subsidiaries, with 13 factories worldwide and employs 2,600 workers.

Investments and Returns:

·          2007- Netafim™ acquired a major stake in Dutch Revaho Group.

·          Sales in 2007 totaled $500 million, a growth of 25% over 2006.