IQV Matholding Group

What IQV Matholding Group does

IQV Matholding Group (legally Industrias Químicas del Vallés SA) is a Spanish agrochemical manufacturer founded in 1935 in Mollet del Vallès and operating as a wholly-owned subsidiary of MAT Holding since 2004. The company produces copper-based fungicides and bactericides — including Bordeaux mixture (world's #1 producer since 1968), copper oxychloride (world's #2 producer), copper hydroxide, and copper sulfate — alongside metalaxyl-based systemic fungicides marketed under the Armetil family and an expanding biologicals portfolio (biopesticides, biostimulants, and bionutritionals) under the BIOS line. Its 30,000-tonne annual formulation capacity and more than 20,000 tonnes of base copper active ingredients are produced at facilities in Mollet del Vallès and Cheste (Valencia), the latter a 45,000 m2 site also housing toll manufacturing, chemical logistics, and a GLP-certified laboratory.

IQV generates revenue through four streams: branded crop protection products sold to farmers, distributors, and retailers; toll manufacturing services (formulation, filling, packaging, quality control) for third-party agrochemical companies at 40,000 TN/yr capacity; chemical logistics services (storage, cross-docking, inventory management) via a computerized 10,000-location warehouse handling 2,100 trucks and 1,500 containers per year; and GLP-certified laboratory services using CIPAC methods. Animal feed additives (copper-based, FAMI-QS certified) and industrial sales of raw copper salts provide additional revenue. Distribution runs through wholly-owned commercial subsidiaries in Spain, Portugal, Italy, the USA, China, and Turkey, reaching more than 60 countries across five continents with 450+ product registrations.

Customer concentration is diffused across B2B distribution channels, with no disclosed named anchor accounts. The go-to-market is direct enterprise field sales combined with a multilingual digital presence (Spanish, English, Portuguese, French, Turkish). The customer base spans primary agricultural producers, distributors and retailers (primary), agrochemical OEM/contract clients (toll manufacturing), and animal feed manufacturers. Strategic differentiators include regulatory dossier depth (FAMI-QS, EMAS, GLP, ISO 9001/14001/45001), scale economics in copper chemistry, and a port-proximate industrial footprint. Recent vector is diversification into biologicals and adjacent chemistries (herbicides, insecticides) coupled with energy-efficient process redesign under the EU/CDTI-funded CUPROSAL R&D program.

Name

IQV Matholding Group

Legal name

Industrias Químicas del Vallés SA

Website

https://iqvagro.com

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

51–100 employees

Short description

IQV Matholding Group is a Spanish agrochemical manufacturer (founded 1935) producing copper-based and metalaxyl-based crop protection products, biologicals, toll manufacturing, logistics, and GLP laboratory services for farmers, distributors, agrochemical companies, and animal feed clients across more than 60 countries.

Ownership category

akta.pro rank

Product category

Crop Protection Chemicals

NAICS

Pesticide and Other Agricultural Chemical Manufacturing (32532), Pesticide and Other Agricultural Chemical Manufacturing (325320), Farm Supplies Merchant Wholesalers (42491), Other Animal Food Manufacturing (311119)

SIC

Agricultural Chemicals (2870), Wholesale-Chemicals & Allied Products (5160)

akta.pro primary industry

Crop Protection Chemicals (Herbicides/Insecticides/Fungicides) (IMAEAEAI)

akta.pro secondary industries

Fungicides (AFABAAAC), Custom Synthesis & Technical Active Ingredient (AI) Manufacturing (intermediates, actives) (AFABAIAI)

Keywords

• Copper-based fungicides
• Crop protection products
• Metalaxyl formulations
• Biological crop solutions
• Toll manufacturing services

Headquarters

HQ city

Mollet del Vallès

HQ country

Spain

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Crop Protection Products: Sale of formulated and technical fungicides, bactericides, herbicides, insecticides and biological products for crop protection. Includes copper salts (Bordeaux mixture, Copper Oxychloride, Copper Hydroxide, Copper Sulfate), Metalaxyl-based products and combinations.
2. Toll Manufacturing Services: Contract manufacturing services for the agrochemical industry. IQV acts as an extension to customers' main business, providing formulation, filling, packaging and quality control services. 45,000 m2 facility with 40,000 TN/year capacity.
3. Logistics Services: Chemical logistics including storage, distribution, cross-docking, inventory management and reverse logistics. Computerized storage with 10,000 locations. Exports 2,100 trucks and 1,500 shipping containers per year.
4. GLP Laboratory Services: Physical and chemical analysis certificates and stability testing for phytosanitary products under GLP certification using CIPAC methods.
5. Animal Feed Additives: Copper sulfate and oxychloride additives for animal feed to correct copper deficiencies and promote growth in livestock.

Go-to-market motion1 record

Distribution channels8 records

Marketing channels6 records

Core offering

IQV Matholding Group manufactures and sells copper-based fungicides (sales de cobre), Metalaxyl-based systemic fungicides, biological crop-protection products (biostimulants, biopesticides, bionutritionals) and copper-based animal-feed additives. In parallel, the company offers B2B support services including toll manufacturing of agrochemical formulations, chemical logistics (storage, transport and packaging) and GLP-certified laboratory analysis for the crop protection industry.

Product overview

IQV Matholding Group is a manufacturer of agrochemical products organized around three core pillars: copper-based crop protection products (including Bordeaux mixture, copper hydroxide, copper oxychloride, copper sulfate), metalaxyl-based systemic fungicides (Armetil family), and biological solutions (bioplagicides/biostimulants/bionutritionals under the BIOS line). The company also operates industrial service divisions offering toll manufacturing, chemical logistics, and GLP-certified laboratory services to the agrochemical sector. The copper salts product line spans multiple sub-brands — Bordo/Caldo Bordelés Vallés (Bordeaux mixture, the world's leading brand since 1968), Curenox (copper oxychloride), Cupertine (copper combinations), Vitra (copper hydroxide), Americop (USA organic copper hydroxide), Cuprosulf (copper sulfate), and Alan (animal feed copper additives). The Metalaxyl line is sold under the Armetil family. The BIOS line includes Glunate (copper gluconate), Rokwed (seaweed extract), and Valstim bioestimulants. IQV's portfolio further extends to herbicides (Fluroxival, Valeran, Tallit Super, Select, Burren Extra), insecticides (Yoroi, Khial, Sabre, Valdelta, Pirevalles), and additional fungicides (Valkrom, Vitancix, Valfos K, Blin, Fesil, Captazel). The company operates through subsidiaries in Spain, Portugal, Turkey, and internationally, distributing to more than 60 countries.

Differentiator

Problem solved

Functional benefit

Brands

• Curenox: Copper oxychloride-based fungicide brand.
• Americop
• Vitra
• Caldo Bordelés Vallés (Bordo)
• Cupertine
• Cuprosulf
• Armetil
• Rokwed
• Glunate

Products and services

• Copper-based Fungicides (Sales de Cobre) A diversified portfolio of copper-based fungicide formulations (tribasic copper sulfate, Bordeaux mixture and other cupric salts) sold to agricultural distributors, cooperatives and farmers in more than 60 countries for the control of fungal diseases across a wide range of crops.
• Metalaxyl-based Fungicides (Armetil family) Systemic Metalaxyl-based fungicides marketed under the Armetil family, used by agricultural distributors, cooperatives and farmers to control oomycete diseases such as downy mildew in vines, vegetables and other crops.
• BIOS Biological Crop Solutions Range of biological crop inputs including biostimulants, biopesticides and bionutritionals, marketed under the BIOS family for use in integrated pest management and sustainable agriculture programs by distributors and large farming operations.
• Specialty Crop Protection Formulations (Valfos K, Vitancix) Specialty crop protection formulations including Valfos K (an organophosphorus insecticide) and Vitancix, extending IQV's portfolio beyond copper and metalaxyl fungicides to additional plant health products for distributor and farmer customers.
• Animal Feed Copper Additives (Alan) Copper-based additive products for animal feed sold under the Alan brand, supplied to animal feed mills and nutrition companies as a trace mineral source for livestock diets.
• Toll Manufacturing Services Contract (toll) manufacturing of agrochemical formulations on IQV's production lines, offered to third-party agrochemical companies that require external, certified manufacturing capacity for their products.
• Chemical Logistics Services Specialized chemical logistics offering covering storage, transportation and packaging of agrochemical products, provided to third-party crop protection companies requiring certified handling of chemical inputs.
• GLP Laboratory Services GLP (Good Laboratory Practice) certified analytical laboratory services offered to agrochemical companies for physico-chemical analysis, regulatory studies and registration-support testing.

Quantifiable outcome

• 30% reduction in energy consumption and 50% reduction in water consumption through new copper salt synthesis process (CUPROSAL project)

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• SGScoreImplementation/ SI/ Consulting PartnerLeading inspection, verification and testing company conducting external audits every two years to verify compliance with Cross-Contamination Prevention Management System protocol based on CropLife International guidelines. Reviews facilities, cleaning processes, and laboratory analysis methods.

Scale indicators11 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Isagro (now part of Gowan): Italian agrochemical company historically focused on copper-based fungicides and proprietary off-patent active ingredients, recently integrated into Gowan. Closely comparable to IQV in copper fungicide heritage, Italian/European manufacturing presence, and mid-sized formulator profile.
• Certis Biologicals: Dedicated biological crop protection (biopesticides and biostimulants) manufacturer owned by Mitsui & Co. Comparable to IQV's BIOS division as a specialist in microbial biopesticides (Bacillus, Trichoderma) and biostimulants serving the same distributor-and-grower customer base.
• Sipcam Oxon: Italy-based global agrochemical manufacturer specializing in post-patent crop protection products including copper-based and triazole fungicides. Closely comparable to IQV in European manufacturing footprint, copper fungicide heritage, and direct competition in distributor and toll-manufacturing channels.
• Albaugh: US-based manufacturer of post-patent crop protection products (herbicides, fungicides, insecticides) supplying distributors and growers globally. Comparable to IQV in being a mid-sized formulator focused on off-patent active ingredients with toll manufacturing and a multi-continent distribution model.
• Industrias Químicas Löbro: Spanish/Portuguese agrochemical formulator specializing in copper-based fungicides and other crop protection products in the Iberian Peninsula. Closely comparable to IQV in copper salt chemistry, Iberian manufacturing base, and Mediterranean fruit-and-vine market focus.

Broad incumbents

• Corteva Agriscience: Major US-based agricultural inputs company offering seeds and a broad fungicide/herbicide/insecticide portfolio. Comparable to IQV as a competing fungicide supplier (e.g., Mancozeb-based lines) and as a benchmark for large-scale crop-protection R&D, though IQV operates at a much smaller scale and narrower portfolio.
• UPL Limited: Indian multinational that is one of the world's largest manufacturers of post-patent agrochemicals and biologicals. Comparable to IQV across the full stack — copper and mancozeb-based fungicides, biostimulants, and formulation services — and is a key participant in markets IQV serves (Latin America, Europe, Asia).
• Nufarm: Australia-headquartered global crop protection manufacturer with strong presence in fungicides (including copper-based and phenoxy herbicides) and a manufacturing-and-distribution model. Comparable to IQV in product overlap, geographic reach, and reliance on post-patent active ingredient formulations.
• FMC Corporation: US-based crop protection and plant health major with strong fungicide and insecticide franchises. Comparable to IQV as a competing supplier to large-scale distributors and as a global benchmark for plant-health portfolio expansion, though at materially greater scale and R&D intensity.
• ADAMA: Israel-based global manufacturer of off-patent crop protection products (fungicides, herbicides, insecticides) with a similar formulation-and-distribution model. Comparable because it competes with IQV in post-patent fungicide categories and serves distributors and growers worldwide, though it operates at substantially greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/user98217734
• Facebookfacebook.com/iqv.cropscience
• LinkedInlinkedin.com/company/iqv-agrochemical
• Instagraminstagram.com/iqv.cropscience

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 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 IQV Matholding Group