The Sapec Group was established in Portugal in 1926 to exploit the Lousal pyrite mines in Grândola.

​

The Group’s vertical integration in the production of phosphate fertilisers was a quick process, after which it expanded and gradually developed its production and marketing activities to other production input in agriculture. The production and marketing of fertilisers, plant protection products, seeds and animal feedstuffs were, for many decades, Sapec’s core activities.

​

After selling Sapec Agro Business, its primary area of activity, in 2016, Sapec turned its attention to restructuring some of the other activities and, through a major investment programme, strengthened and increased the capacity of assets connected to those businesses.

​

In 2019, the company acquired a stake in Algaia and set up TLA, a vehicle logistics company. These were the very first steps towards revitalising the portfolio and expanding to areas more directly related to the environment and sustainability.

​

In 2020, the Setúbal terminal of SPC was refurbished and a new warehouse in Valongo was built, which came into operation in the first half of 2020.

​

Investments were made in new activities at the end of 2020 (already strengthened in 2021), in AlgaPlus (organic-certified seaweed and fish aquaculture).

​

In January 2021, AlgaPlus increased its capital, allowing it to finance its ambitious investment plan and increase its shareholding to 57%.

​

In 2021, the STP concession was extended until June 2025.

​

In 2022, the Aurora Agreement (Galp + Northvolt) was signed.

​

Sapec's portfolio today includes the following activities:

• Solutions and distribution of industrial chemicals (Sapec Química);

• Multimodal logistics services on its platforms in Setúbal and Valongo (SPC);

• Port logistics services (Sapec Terminais Portuários – solid and liquid bulk terminals, Navipor – roll-on and roll-off handling operations, and Operestiva – supply of temporary port labour);

• Land based production seaweed with Bio certification targeted to food, cosmetic and nutraceutical industries (AlgaPlus);

• Real estate (Sapec Parques Industriais);

• Park with value added services targeting vehicles imports and exports together with rent a cars and used cars markets (TLA).