Eurodrip Group
The Eurodrip Group is a major player in drip irrigation, a growing segment of the agricultural irrigation market. Drip irrigation systems are used principally in the agricultural industry to increase or stabilize crop production while conserving water, energy and labor. Products also find a market in landscaping and industrial applications (mining industry).
The Group’s parent company, Eurodrip S.A. is the undisputed leader in drip irrigation in Greece and among the leading players in key export markets. Eurodrip has an international reach with operating subsidiaries in Greece, the US, Turkey, Egypt and Jordan and a market presence in over 70 countries. The company has achieved strong brand recognition with its high quality products, advance tested technology and solid in-house production know-how.
The company has managed, under the guidance of Global Finance since the end of 2005, to more than double its turnover to € 84 million and to multiply its EBIDTA by 6 times, exceeding € 12 million in the twelve months period ending on 30.09.2012. In 2013, Pain & Partners LLC acquired 67.5% majority stake.
View Website
Sector: Manufacturing
Subsector: Dripline Irrigation (US subsidiary)
Country: Greece
Acquired: 2005
Sold: 2013
