What Mathiesen does

Mathiesen Group (legally Mathiesen Corp.) is a privately held B2B industrial raw materials distributor founded in 1939, headquartered in Chile, and operating across 17 countries in Latin America, Spain, and China. The company sources, distributes, and provides technical support for chemical ingredients, polymers, membranes, and specialty raw materials supplied by a global network of manufacturing principals. It serves industrial manufacturers across 18 product verticals including food ingredients, construction waterproofing and insulation, paints/coatings, mining reagents, water treatment membranes, personal care, pharmaceutical excipients, polymers and elastomers, paper and cellulose chemicals, home care, animal nutrition, and industrial maintenance. Its core technology is non-proprietary: value is created through distribution logistics, technical-commercial sales expertise, and quality-control laboratories rather than through internally developed products or software.

The business generates revenue through distribution markups on raw materials sourced from global suppliers and sold to industrial manufacturers, acting as an authorized regional distributor for principals such as Borealis (polyolefins), Hydranautics/Nitto (membrane technology), DANOSA (construction materials), and Lubrizol (personal and home care ingredients). The go-to-market is enterprise field sales executed by dedicated technical-commercial teams in 17 country offices, supplemented by trade shows (Perumin, ABRAFATI, FENASAN), technical seminars (Cosmetic Trends, ReCoNecta), and the Mathiesen Academy training program. Pricing is quote-based, negotiated on volume and contract terms, and not publicly disclosed. Beyond distribution, Mathiesen operates wholly owned manufacturing subsidiaries — Leather Química (Spain, ZDHC Level 3 certified), Mathiesen Europa (Spain, paints and inks raw materials), and Mathiesen Food Argentina (gluten-free production under the Matharch line) — plus a strategic sourcing office in Shanghai (SETAM Shanghai) for Asian supplier relationships. The company holds ISO 9001 and Responsible Care certifications at its Chile Distribution Center for 20 years, FSSC 22000 in Argentina, and in 2025 received the EcoVadis Bronze Medal. Recent strategic emphasis has been on ESG credentials, multi-vertical portfolio expansion, and distribution partnership additions rather than on proprietary technology development.

Name

Mathiesen

Legal name

Mathiesen Corp.

Website

https://grupomathiesen.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

Mathiesen is a Chile-headquartered, privately held B2B distributor of industrial raw materials and chemical ingredients operating across 17 countries in Latin America, Spain, and China, serving manufacturers in food, mining, construction, coatings, personal care, and water treatment.

Ownership category

akta.pro rank

Product category

Industrial Chemical Distribution

NAICS

Food Manufacturing (311)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Starches, Flours & Milling Products Trading/Wholesale (AFAIAKAH)

Keywords

• Industrial raw materials distribution
• Chemical ingredients supply
• Food additives distribution
• Mining reagents supply
• Construction materials distribution

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Raw Material Distribution: Mathiesen generates revenue through the distribution and sale of raw materials, chemical ingredients, and industrial supplies to manufacturing companies across Latin America. The company acts as an authorized distributor for multiple international suppliers, earning margins on product sales. Revenue is derived from the markup on raw materials sourced from global suppliers and sold to industrial customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Mathiesen is a B2B distributor of industrial raw materials, chemical ingredients, and specialty chemicals serving manufacturing companies across 17 countries in Latin America, Spain, and China. The company sources from global manufacturers and provides technical-commercial support, quality assurance, and logistics to industrial clients in food, construction, mining, personal care, pharmaceutical, water treatment, paints and coatings, polymers, and other sectors.

Product overview

Mathiesen is a raw material distributor and supply chain solutions provider operating across 17 countries in Latin America and beyond. The company offers a comprehensive portfolio of industrial raw materials organized by sector: Food (ingredients and additives), Construction (membranes, building materials), Paints and Coatings (pigments, resins, additives), Personal Care (cosmetic ingredients), Pharmaceutical (excipients, APIs), Water Treatment (membranes, flocculants, filtration), Mining (reagents), Polymers/Plastics (resins, polymers), Paper/Cellulose, and Home Care (surfactants, cleaning). The company serves as an official distributor for major international suppliers including Hydranautics (water treatment membranes), Borealis (polyolefins), DANOSA (construction materials), and Lubrizol (personal care/home care). Mathiesen's value proposition combines supply solutions, technical support, and sustainable sourcing with a presence spanning manufacturing, distribution, and representation of raw materials across Latin American markets.

Differentiator

Problem solved

Functional benefit

Brands

• Leather Quimica: Chemical products division for tanneries producing fashion leather with ZDHC Level 3 certification
• Math Innova
• Mathiesen Europa
• Mathiesen Food Argentina

Products and services

• Food Additives Raw material ingredients for the food industry including additives, preservatives, thickeners, antioxidants, sweeteners, acidulants, proteins, phosphates, flavors, and nutritional ingredients. Designed for food and beverage manufacturers requiring ingredients for product formulation.
• Construction Materials Raw materials and products for construction including asphalt waterproofing membranes, aluminum composite panels, and polycarbonate sheets. Includes DANOSA product portfolio such as DANODREN drainage membranes, DANOPOL PVC membranes, IMPACTODAN acoustic insulation, and FONODAN noise insulation tapes. Designed for construction companies and building industry clients.
• Paints, Inks and Coatings Products Extensive portfolio of raw materials for paints, inks, and coatings industries including titanium dioxide, iron oxides, biocides, coalescents, pigments, epoxy resins, cellulose thickeners, anti-foaming agents, kaolins, dispersants, latex pigment dispersions, hybrid pigments, water-based wood resins, industrial water-based resins, and water-based polyurethane resins. Designed for coatings manufacturers and ink producers.
• Personal Care Ingredients Cosmetic ingredients for personal care product manufacturers including dimethicone, cetyl alcohol, silicones, carbomers, polyquaterniums, hair fixatives, and sunscreen filters. Distributed through partnership with Lubrizol across Chile, Uruguay, Paraguay, Bolivia, Ecuador, and Mexico.
• Pharmaceutical Ingredients Pharmaceutical excipients, active pharmaceutical ingredients (API), and lactose for drug formulation. Designed for pharmaceutical manufacturers requiring quality-controlled inputs.
• Tannery Chemicals Leather processing chemicals including leather fatliquors, tara tannins, chromium sulfates, and quebracho extract. Manufactured by Leather Química SLU in Spain, ZDHC Level 3 certified for zero discharge of hazardous chemicals.
• Water Treatment Products Water treatment solutions including flocculants, NF/UF/BWRO/SWRO membranes, coagulants, biocides, cartridge filters, and ion exchange resins. Includes Hydranautics reverse osmosis, ultrafiltration, nanofiltration, and MBR membranes for over 12 Latin American countries.
• Mining Reagents Mining chemical reagents including collectors, frothers, and xanthates for mineral processing operations. Designed for mining companies requiring reliable supply of specialized reagents for ore processing.
• Polymers and Elastomers Polymer products including hot melt adhesives, polyurethanes, and release silicones for industrial applications.
• Plastic Resins Plastic resin materials including polypropylene, polyethylene, plasticizers, and polystyrene. Distributed through the Borealis polyolefins partnership covering all of Latin America for packaging, construction, transportation, energy, and healthcare sectors.
• Paper and Cellulose Products Paper industry chemicals including AKD sizing agent, RH wet strength resin, and anti-foaming agents for cellulose manufacturing.
• Home and Car Care Products Cleaning product raw materials including surfactants, sodium lauryl ether sulfate, and textile softeners for home care and industrial cleaning applications.
• Chemical Industry Products Chemical industry materials including amines, anti-foaming agents for agriculture, polyether silicones for agriculture, polyethylene glycols, and industrial anti-foaming agents for chemical manufacturers.
• Construction Auxiliaries Construction chemical auxiliaries including hydrophobic silicones, cellulose fibers, redispersible polymers (RDP), iron oxides for construction and colored concrete, and cellulose thickeners for construction (HEMC and HPMC).
• Visual Communication Materials Acrylic sheet materials for visual communication and advertising applications.
• Animal Health and Nutrition Raw materials for animal health and nutrition products for animal feed and veterinary product manufacturers.
• Industrial Maintenance Products Industrial maintenance chemical products and solutions for facility and equipment maintenance applications.

Quantifiable outcome

• Supply to 17 countries with established offices in multiple Latin American nations
• +1 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered major, core and minor.

• LanxessmajorStrategic or Co-development Partner · 1 May 2025Strategic partner in Mathiesen Academy training program. Lanxess presented Scopeblue line expansion including Bayferrox Scopeblue yellow pigments with approximately 35% reduced carbon footprint compared to traditional grades, manufactured with eco-efficient raw materials and renewable energy.
• PatchammajorStrategic or Co-development Partner · 1 May 2025Strategic partner in Mathiesen Academy for sustainable additive innovation. Patcham presented technological innovations for sustainable formulation optimization enabling significant efficiencies and production cost savings.
• EastmanmajorStrategic or Co-development Partner · 1 May 2025Partner in Mathiesen Academy addressing water-based paint technologies, coalescing agents, pH neutralizers, VOC standards, and measurement systems for the coatings industry.
• ATC (Amter Technology Chemistry)majorStrategic or Co-development Partner · 1 May 2025Partner in Mathiesen Academy focused on biocide product development aligned with regulatory requirements and market trends, achieving maximum microbiocidal performance while meeting current regulations and reducing production chain costs.
• BorealiscoreChannel Partner/ Reseller/ Distributor · 1 March 2025Mathiesen appointed as official distributor of Borealis polyolefins for all of Latin America. Borealis is a global leader in polyolefins with nearly 30 years of experience and Borstar technology. The partnership allows Mathiesen to expand its portfolio with high-quality polyethylene and polypropylene products for packaging, construction, transportation, energy, and healthcare sectors.
• LubrizolcoreChannel Partner/ Reseller/ Distributor · 1 July 2024Over 40 years of collaboration expanded to include Mexico. Mathiesen is official distributor of Lubrizol in Chile, Uruguay, Paraguay, Bolivia, Ecuador, and Mexico for personal care and home care ingredients. Partnership focuses on bringing innovative solutions to Latin American markets with world-class technology and specialized technical support.
• DANOSAcoreChannel Partner/ Reseller/ Distributor · 1 March 2021Strategic alliance in Mexico for building industry products. DANOSA is a Spanish leader in asphalt waterproofing membranes, thermal and acoustic insulation, drainage, and geotextiles. Products include DANODREN drainage membranes, DANOPOL PVC membranes, IMPACTODAN acoustic insulation, and FONODAN noise insulation tapes. DANOSA has manufactured over 500 million m² of materials globally.
• Hydranautics (Nitto Group)coreChannel Partner/ Reseller/ Distributor · 1 February 2021Commercial agreement making Mathiesen the distributor of Hydranautics membranes for all Latin American countries except Mexico and Brazil. Hydranautics, part of the Japanese Nitto group, is a world leader in reverse osmosis technology with operations since 1963. Products include reverse osmosis, ultrafiltration, nanofiltration, and MBR membranes. Coverage spans over 12 countries in Latin America.
• ACADES (Chilean Desalination and Reuse Association)minorOthersMathiesen joined ACADES to drive innovative solutions for climate change and water scarcity challenges in Chile. Participation in International Congress 'New Water Sources for Chile' with over 500 attendees.
• ALADYRminorOthersMathiesen joined ALADYR, the Latin American Water Desalination Association, as of April 2021, marking commitment to become an important player in the Latin American Water Treatment industry.
• GenesysmajorTechnology or IntegrationStrategic collaboration for reverse osmosis product lines. Genesys provides water treatment chemical solutions complementary to Hydranautics membrane products, addressing corrosion control, deposition prevention, scaling control, and microbiological growth control.
• SETAM ShanghaicoreStrategic or Co-development PartnerMathiesen's strategic partner in China managing supplier relationships and sourcing operations. SETAM Shanghai supports logistics coordination, commercial negotiations, and post-sale service across Asian suppliers.
• Duas RodasmajorChannel Partner/ Reseller/ DistributorAlliance in Argentina for flavors and colorants distribution. Duas Rodas provides natural flavors and dehydrated fruits for food applications, expanding Mathiesen Argentina's product portfolio.
• JAKA Biotech, SAES, SAPPI, BettechmajorStrategic or Co-development PartnerInternational suppliers supporting Cosmetic Trends Mathiesen 2025 event, sharing latest developments, technologies, and solutions focused on innovation and sustainability.

Scale indicators7 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Univar Solutions: Global chemical and ingredient distributor serving food, personal care, pharma, coatings, and industrial customers across the Americas; comparable to Mathiesen for its broad specialty distribution model and LATAM presence.
• Helm AG: Germany-based global distributor of chemicals, crop protection, and specialty products with growing presence in the Americas; comparable to Mathiesen as a multi-vertical industrial raw materials distributor serving manufacturing customers.
• Azelis: Specialty ingredients and chemicals distributor with deep LATAM food, personal care, pharma, and industrial coverage; comparable to Mathiesen in vertical breadth and reliance on supplier partnerships (e.g., Lubrizol, Eastman).
• Connell Bros (Wilbur-Ellis): Specialty ingredients and chemicals distribution arm of Wilbur-Ellis serving food, personal care, and industrial customers across the Americas and Asia; comparable to Mathiesen for cross-regional specialty distribution and Asian sourcing capabilities.
• Barentz: Global specialty ingredients distributor focused on food, nutrition, personal care, and animal health; directly comparable to Mathiesen Food Argentina and personal care verticals where ingredient distribution and formulation support are core.
• IMCD: Global specialty chemicals and ingredients distributor with strong LATAM operations in food, personal care, pharma, and industrial; comparable as a higher-margin specialty distributor pursuing technical sales, similar to Mathiesen's positioning with partners like Lubrizol and LANXESS.
• Brenntag: World's largest chemical and ingredients distributor with broad specialty and industrial portfolios across LATAM and globally; comparable to Mathiesen as a multi-vertical B2B distributor of raw materials and ingredients to manufacturing customers.

Regional players

• Quaron (now part of Univar Solutions): European specialty chemicals distributor (now integrated with Univar) operating across Benelux and France with strong industrial chemical portfolio; comparable to Mathiesen Europa SLU's paints, inks, and leather chemicals distribution in Spain.
• Quimica Anastacio / Anastatico Group: Brazilian specialty chemicals distributor serving food, personal care, pharma, and industrial customers; a regional peer comparable to Mathiesen's Brazil operations and similar multi-vertical B2B distribution model.
• Grupo Pochteca: Mexico-based LATAM distributor of specialty chemicals, food ingredients, and industrial raw materials across multiple countries; directly comparable as a regional multi-vertical industrial distributor with overlapping LATAM geographies and customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mathiesen-mexico-s.a.-de-c.v.

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mathiesen