MatHolding closes the year with record sales of 429 million euros

BarcelonaThe Catalan family group specializing in irrigation systems and the production of plant protection products, MatHolding, closed 2025 with a record turnover of 429 million euros, representing an increase of 6% compared to the previous year. Coinciding with the company's ninetieth anniversary, the industrial group also improved its EBITDA – a financial indicator that shows a company's operating profit before deducting interest, taxes, depreciation, and amortization – by 16%: it increased to 65 million.

Furthermore, in what we have seen of 2026 so far, the company has not suffered the fertilizer crisis derived from the closure of the Strait of Hormuz. The group's president, Pau Relat, has assured that, for now, they are not experiencing any impact as a consequence of the war in the Middle East. Thanks to the diversification of its activity across its eighteen centers, they have been able to avoid "geopolitical turbulence".

This year's growth is in line with that of recent years. Specifically, since 2019, the Catalan company based in Parets del Vallès has accumulated an average annual revenue growth of 9%. EBITDA has also grown by an average of 17% in the last six years. MatHolding's businesses are organized into two main divisions: on the one hand, the agricultural division, which accounts for 60% of its turnover; on the other, water, which generates the remaining 40% of sales. The company does not specify its net profit, but indicates that it will be slightly above 40 million euros.

"Investment effort"

The also president of Fira de Barcelona wanted to highlight MatHolding's "investment effort" during the past year. Specifically, in 2025 the company invested a total of 44 million euros in, among other things, improving the industrial capacities of the company's plants in China and India. Among the investments made, however, the acquisition of the Lleida-based company Altinco stands out, a manufacturer of biosolutions that has expanded the capacity of the group's agricultural division, Cerestia. As indicated by Relat, for 2026 they are not closing the door to making further integrations as long as a "good option" presents itself. "In the last ten years we have doubled the company's volume, now the intention is not to take ten years to double it again," assured the group's president.

The company, created in 1935 as Indústries Químiques del Vallès (IQV), has eighteen industrial operation centers in Europe, Asia and America and has a physical presence in seventeen countries. The multinational currently conducts 70% of its business outside the borders of the Spanish state. For the moment, as Relat points out, they do not foresee any changes at the shareholder level and assures that, for now, going public would make "no sense".