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Dayu's Haoyu Wang Eyes Control of Netafim in Acquisition Talks

2/11/2026

26 5 Full Breakdown

Summary

Story summary

Haoyu Wang, chairman of Dayu Conserving Water Group, is negotiating to acquire control of Netafim from Orbia.
Orbia aims to sell its 80% stake to reduce leverage after failed negotiations with Israeli private equity fund Fortissimo.
Wang has visited Israel to explore the acquisition.
Netafim was founded in 1965 on Kibbutz Hatzerim and operates in 33 countries with 19 factories and 4,500 employees, the world's largest in precision irrigation.

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Story summary

Haoyu Wang, chairman of Dayu Conserving Water Group, is negotiating to acquire control of Netafim from Orbia.
Orbia aims to sell its 80% stake to reduce leverage after failed negotiations with Israeli private equity fund Fortissimo.
Wang has visited Israel to explore the acquisition.
Netafim was founded in 1965 on Kibbutz Hatzerim and operates in 33 countries with 19 factories and 4,500 employees, the world's largest in precision irrigation.