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.

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.

The international presence of the group stands out with excellent results as international sales already represent 65% of the total turnover. In 2021 the company has consolidated the integration of the Israeli businesses ARI Flow Solutions and Dorot, and the North American OCV Control Valves – acquired in 2020, 2014 and 2018, respectively– under the new Aquestia brand, giving rise to a world reference in the field of water conveyance and control, which functions as the group's hub in this sector, based in Israel.

MAT Holding has also consolidated its presence in the United States, the largest hydraulic infrastructure market in the world. The company has billed close to $25M and has established itself as a reference brand in this area. Likewise, the group has continued to develop the project in India, one of the markets with the greatest potential in the water sector.

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