{"id":1064,"date":"2024-06-03T19:13:00","date_gmt":"2024-06-03T17:13:00","guid":{"rendered":"https:\/\/matholding.com\/?p=1064"},"modified":"2025-07-15T15:36:21","modified_gmt":"2025-07-15T13:36:21","slug":"matholding-accelerates-growth-plan-with-record-e60-million-investment-in-2024","status":"publish","type":"post","link":"https:\/\/matholding.com\/en\/matholding-accelerates-growth-plan-with-record-e60-million-investment-in-2024\/","title":{"rendered":"MatHolding accelerates growth plan with record \u20ac60 Million investment in 2024\u00a0"},"content":{"rendered":"
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The crop protection division, IQV, completes integration of the Quart de Poblet plant (Valencia), acquired from Bayer, expanding its product range and production capacity <\/div>\n <\/div>\n
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The \u20ac60 million investment triples the group's average investment in recent years and forms part of MatHolding\u2019s strategic goal to exceed \u20ac500 million in turnover within five years <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n
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MatHolding will invest \u20ac60 million in 2024, mainly in the acquisition of strategic production assets. Under the leadership of Chairman Pau Relat, the group is tripling its pace of investment compared to previous years, aiming to reach \u20ac500 million in sales within five years and become a global leader in sustainable agriculture solutions and efficient water management.<\/span>\u00a0<\/span><\/p>\n

In 2023, MatHolding recorded sales of \u20ac336 million, down 7.7% from the previous year due to the impact of drought\u2014reducing demand for crop protection products\u2014and disruptions in the supply chain affecting its water technologies division. Of total sales, 35% came from the Spanish market, with 65% generated internationally. By division, the agriculture businesses (IQV, Regaber, Vegga) contributed \u20ac206 million (down 7.8%), while the water businesses (Aquestia, STF, Hidroglobal) contributed \u20ac130 million (down 7.3%).<\/span>\u00a0<\/span><\/p>\n

Chairman Pau Relat highlighted that 2023 was a challenging year, yet the group made significant progress in its strategic growth lines, including the launch of the digital agriculture platform VEGGA, the development of TerraNostra (a company focused on the transformation of farmland into high-value crops), and growth through corporate acquisitions.<\/span>\u00a0<\/span><\/p>\n

The group’s investments are aimed at strengthening its two divisions\u2014solutions and technologies for sustainable and efficient management of water and agriculture\u2014on a global scale.<\/span>\u00a0<\/span><\/p>\n

On the agricultural side, the company signed the formal acquisition last Friday of the Quart de Poblet plant (Valencia) from German multinational Bayer, a deal that had been announced a year ago. The plant employs 69 people and will allow MatHolding, through its crop protection division IQV, to expand its production capacity and double its third-party manufacturing activity in both conventional and biorational crop protection products (naturally derived or synthetic substances with similar functions, designed for crop protection with minimal environmental and human health impact).<\/span>\u00a0<\/span><\/p>\n

In parallel, within the water technology division, the group has three acquisitions currently underway. These will enhance its capabilities in filtration and valve solutions and further expand its industrial footprint internationally.<\/span>\u00a0<\/span><\/p>\n

Relat noted that the group is growing at a rate of 15% in the first quarter of 2024 compared to the same period last year and expects to approach \u20ac400 million in turnover by the end of 2024.<\/span>\u00a0<\/span><\/p>\n\n <\/div>\n <\/div>\n\n\n

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\n \n Download file<\/span>\n \n \n \n <\/mask>\n \n \n <\/g>\n<\/svg> <\/a>\n \n More information: MatHolding Communications Department\n <\/a>\n <\/div>\n <\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-1064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"acf":[],"yoast_head":"\nMatHolding accelerates growth plan with record \u20ac60 Million investment in 2024\u00a0 - MatHolding<\/title>\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\t\n\t\n\t\n