MAT Holding turnover up to € 333M in 2021, 12 % more than the previous year
• The multinational group, based in Israel and Spain, has grown in all businesses.
• The company has consolidated the integration of the ARI, Dorot and OCV international businesses under the new Aquestia brand, a world leader in the field of water conveyance and control.
• The new strategic plan is committed to modernizing the agricultural sector and digitizing crop and water management, among others.
The MAT Holding group, a leader in solutions for sustainable agriculture and the efficient use of water, has closed the 2021 financial year with sales of 333 million euros, which represents an increase of 12.4% compared to 2020.
In a year marked by the uncertainty generated by the pandemic and the general increase in raw materials and transport costs, the company —formed by the Israel-based company Aquestia and the Spain-based companies Regaber, IQV, STF and Hidroglobal— has maintained a high level of competitiveness that has allowed it to continue growing in all businesses and lay solid foundations to achieve the objectives of the new strategic plan, while establishing itself as a leader in the markets in which it operates.
Pau Relat, CEO of MAT Holding, explains: “The positive 2021 results endorse us to face challenges such as the transformation of the agricultural sector, the digitalization of crop and water management and the improvement of the service to our clients, leveraging on the competitive advantages of the group, such as innovation, prudence in the management of financial resources, a clear commitment to talent, the will to internationalize and proximity to the market”
For more information : https://matholding.com/