Paksoy, working with Latham & Watkins, has advised Rivulis on its acquisition of a part of the international irrigation business of Jain Irrigation.
According to Paksoy, “the transaction covers the acquisition of Jain Sulama Sistemleri in Turkey and successfully closed on April 3, 2023.”
Rivulis is a portfolio company of Temasek and a micro-irrigation business focused on promoting a sustainable agri-food supply chain.
Jain Irrigation is an Indian multinational company operating 33 manufacturing plants spread over four continents.
Paksoy’s team included Partner Togan Turan and Senior Associate Simge Sengun.
Paksoy did not respond to our inquiry on the matter.