Sabadell Corporate Finance and Schwartz Investment House advise Spain-based MAT Holding S.L. on the acquisition of Israel-based Dorot Management Control Valves Ltd.

Founded in 1946, Dorot is a world leading control valve manufacturer providing innovative solutions for waterworks distribution networks, sewage and effluent disposal, fire protection, mining and irrigation systems. With over 240 employees the company generated a turnover of EUR 30 million last year and distributes its products in over 70 countries worldwide. Dorot has a manufacturing plant in Israel and subsidiaries in Australia, China, United States, Italy and Mexico.

MAT Holding is a Spain-based group operating in the crop protection sector and water industries. Following the acquisition, valued at EUR 20 million, MAT Holding’s water division will become a leading player in the valve control market and the group’s consolidated turnover will reach EUR 170 million.