MaxamCorp Holding, SL

Based in Spain, MaxamCorp Holding, SL specializes in advanced energetic materials and engineering technologies, primarily serving the drilling and blasting sectors globally. MaxamCorp Holding, SL operates in the energetic materials sector, having been founded in 1872 and headquartered in Madrid, Spain. The company has undergone significant development, including a Secondary Buyout in April 2020 when Rhône Group acquired a 26% minority stake, raising the total ownership to 71%. Maxam specializes in providing advanced energetic materials and engineering technologies for the drilling and blasting sectors.

Their flagship offerings include the X-Energy platform, enhancing operational efficiency, safety, and environmental sustainability. They have developed innovative solutions like using a plastic liner for explosives to minimize nitrate leaching, thus reducing environmental impact. Their services cater to diverse clients, including mining, construction, and civil engineering projects across over 30 countries, notably in South America, Europe, and North America. Additionally, they handle specialized projects such as complex demolitions and metal hardening for manganese steel alloys, emphasizing innovation and customer-centric solutions.

In 2024, Maxam reported a revenue of EUR 157,583. 819 with an EBITDA of EUR 132,642. 303, generated through B2B contracts and tailored pricing plans for their services, particularly for advanced offerings like the X-Energy platform. Following the Secondary Buyout in April 2020, MaxamCorp Holding, SL is expected to leverage its recent funding of EUR 900.

00 mn to enhance its product offerings and expand into new markets. The company is focused on developing new products and entering regions with high growth potential, including Asia and Africa by 2025. The recent investment will support these initiatives by strengthening its operational capabilities and market reach.