Acquisition of Gakon by Netafim

Transaction
Netafim Ltd., part of Orbia, has acquired 100% of the shares in Gakon Horticultural Projects B.V. and Gakon Sp.z.o.o. Rembrandt Mergers & Acquisitions acted as exclusive financial advisor to the seller in this transaction.

Gakon Horticultural Projects
Gakon Horticultural Projects is a Dutch greenhouse constructor. Gakon supports the design, production and building of greenhouse projects. With her own steel and aluminum production facility, an in-house R&D department and big team of dedicated professionals, Gakon can deliver turnkey projects across the globe. Gakon Sp.z.o.o. is located in Poland and has a focus on the Eastern European market.

More information is available at: www.gakon.nl.

Netafim
Netafim, part of Orbia, is an Israeli company famous for its irrigation systems which are mainly applied to glass greenhouses and traditional agriculture. Through the acquisition of Gakon, Netafim can service its clients better and deliver a complete solution for greenhouses.

More information is available at: www.netafim.com.