Medmix

What Medmix does

medmix Group AG is a Swiss-headquartered precision manufacturer of high-precision delivery devices, spun off from Sulzer and publicly listed on the SIX Swiss Exchange (ticker: MEDX) since 2021. The company operates two reporting segments—Healthcare (Dental, Drug Delivery, Surgery) and Consumer & Industrial (Industry, Beauty)—across 14 production sites in Switzerland, Spain, the UK, China, and the USA, employing approximately 2,700 people and manufacturing over 2.4 billion products per year. Its product portfolio spans dental mixing systems and sterile needles (MIXPAC, transcodent, ZerofloX), drug delivery devices (Haselmeier AXIS-D, D-FLEX, DIAPEN, RE-VARIO), bone regeneration and tissue delivery solutions for surgical OEMs, two-component cartridges and static mixers for industrial adhesives (QUADRO, T-Mixer, ecopaCC, greenLine, COX, MK dispensers), and precision beauty applicators (GEKA, QIAOYI).

The underlying technology is anchored in proprietary static-mixer geometries (e.g., QUADRO doubles layer counts per element for near-ideal stratification with minimal pressure drop), collapsible and recycled-content cartridge systems (ecopaCC and greenLine achieving up to 85% storage/transport reduction and up to 73% CO2 reduction), and 900+ active patents. medmix is ISO 13485 certified across healthcare sites and ISO 9001 across global production, with partial ISO 14001 and ISO 45001 coverage. Revenue is generated primarily through B2B hardware sales of these devices—quote-based enterprise pricing with multi-year contracts—complemented by a Full-Service Solutions offering that adds contract filling, customized printing, packaging, and regulatory support, creating a recurring service layer on top of the product base. Go-to-market combines dedicated direct sales teams per business unit with authorized regional distributors (e.g., Minilu, Dental-Union) and own distribution centers in Europe, the USA, the UK, and Asia, achieving a 95% on-time delivery rate in the Industry segment.

Financially, medmix is in a margin-led turnaround: FY2025 organic revenue declined 4.8%, but adjusted EBITDA margin expanded to 20.0% and net income turned positive at CHF 7.0 million, reversing the prior-year loss. Leadership is structured around CEO René Willi with a Board chaired by Rob ten Hoedt and six directors; FY2026 corporate moves include Jennifer Dean's elevation from CFO to Global Head of the Beauty Business Unit (GEKA/QIAOYI), active sustainability positioning (TIME World's Best Companies for Sustainable Growth 2026), and continued Full-Service Solutions buildout. Customer concentration is diversified across five business units but anchored by long-standing enterprise relationships in industrial adhesives spanning nearly 100 years.

Name

Medmix

Legal name

medmix Group AG

Website

https://medmix.swiss

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

medmix is a Swiss-listed precision manufacturer of high-precision delivery devices—dental, drug delivery, surgical, industrial adhesives, and beauty applicators—serving pharmaceutical, medical device, industrial, and cosmetics customers across 14 global production sites with ~2,700 employees.

Ownership category

akta.pro rank

Product category

Precision Delivery Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Dental Equipment and Supplies Manufacturing (339114)

SIC

Surgical & Medical Instruments & Apparatus (3841), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Aseptic Processing, Fill-Finish & Sterile Manufacturing Tech (isolators, lyophilization interfaces) (HLAAAJAG)

akta.pro secondary industries

Parenteral & Injectable Packaging Components (Stoppers, Seals, Syringes, Cartridges) (IMALAIAE), Sterile & Aseptic Medical Packaging (Pouches, Wraps, Sterile Barriers) (IMALAIAB), Sterilization Services & Contract Reprocessing (ETO/Gamma/E-beam providers) (HLAHANAB)

Keywords

• Precision delivery devices
• Mixing dispensing systems
• Two-component cartridges
• Dental medical devices
• Beauty applicator solutions

Headquarters

HQ city

Baar

HQ country

Switzerland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precision Delivery Devices: Revenue generated from high-precision delivery devices across five business units: Dental, Drug Delivery, Surgery, Industry, and Beauty. Products include mixing systems, cartridges, dispensers, needles, and applicators sold to healthcare providers, pharmaceutical companies, and industrial manufacturers.
2. Full-Service Solutions: Contract filling services for dental liquids and composite resin materials, customized printing and packaging solutions for MIXPAC products, providing additional recurring service revenue alongside product sales.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Medmix manufactures and supplies high-precision delivery devices including two-component mixing systems, cartridges, dispensers, needles, and applicators. The company operates five business units—Dental, Drug Delivery, Surgery, Industry, and Beauty—serving healthcare providers, pharmaceutical companies, medical device firms, industrial manufacturers, and beauty brands worldwide. It also offers Full-Service Solutions including contract filling and customized packaging.

Product overview

medmix is a global market leader in high-precision delivery devices operating across two business segments: Healthcare (Dental, Drug Delivery, Surgery) and Consumer & Industrial. The Healthcare segment includes the MIXPAC and transcodent brands offering system solutions for dental applications, with products spanning cartridges, mixing tips (including T-Mixer Colibri), dispensers, the ZerofloX micro applicator, and needles. The Consumer & Industrial segment features the MIXPAC, QUADRO, COX, and MK brands providing mixing and dispensing systems for industrial adhesives and sealants, including the ecopaCC collapsible cartridge, greenLine sustainable solutions, and various dispenser types. The company also operates a Full-Service Solutions division offering contract filling, customized printing, and packaging services. The Beauty Business Unit encompasses the GEKA and QIAOYI brands for cosmetic applicators.

Differentiator

Problem solved

Functional benefit

Brands

• MIXPAC: Leading system provider for mixing, dosing and applying in dental and industrial applications. Original brand for innovative one and two-component system solutions.
• transcodent
• GEKA
• QIAOYI
• COX
• MK
• QUADRO
• Haselmeier
• greenLine
• ecopaCC
• ZerofloX

Products and services

• MIXPAC System Solutions One- and two-component system solutions for mixing, dispensing, and applying dental materials, serving dental professionals and dental industry manufacturers in prosthetics, adhesives, restoratives, prevention, aesthetics, and endodontics applications.
• transcodent Dental Needles Sterile injection needles for anesthesia, needles for endo irrigation and evacuation, and paste applications, developed in Germany for dental professionals.
• ZerofloX Micro Applicator Flock-free micro applicator with fiber-free elastomer bristles providing contamination-free surfaces and precise intraoral access to difficult-to-reach areas for dental professionals.
• QUADRO Static Mixers Advanced static mixers with unique geometry allowing compact, short construction; each mixing element doubles the number of layers for near-ideal stratification with minimal pressure drop, for adhesives and sealants applications.
• ecopaCC Collapsible Cartridge Collapsible two-component cartridge that reduces plastic waste to as little as one quarter, decreases COV emissions, and saves storage space and transportation costs through its compressed delivery state.
• greenLine Sustainable Cartridges Sustainable two-component cartridge systems using up to 100% recycled material, reducing CO2 emissions by up to 73% without performance compromise, available as B-System, C-System, F-System, Peeler-System, and Q-System cartridges.
• COX Dispensers Professional range of manual, pneumatic, and battery-powered one- and two-component dispensers compatible with ecopaCC cartridges, developed and manufactured in the UK.
• MK Dispensers High-quality, reliable, and performant two-component dispensers known for being among the lightest dispensers worldwide, originally produced by Krøger A/S.
• Two-Component Cartridges Side-by-side cartridges ranging from 50ml to 1500ml with mixing ratios of 1:1, 2:1, 4:1, and 10:1, serving as both primary packaging and precise dosing containers for two-component adhesives and sealants.
• Full-Service Solutions Contract filling services for dental liquids and composite resin materials, customized printing solutions, and customized packaging support including regulatory assistance for dental manufacturers.
• GEKA Beauty Applicators High-precision beauty applicators including microbrushes for mascara, lip gloss, and other cosmetic applications, part of medmix's Beauty Business Unit for cosmetics manufacturers.
• QIAOYI Beauty Packaging High-precision beauty applicator and packaging brand operating under medmix's Beauty Business Unit alongside GEKA, serving cosmetics manufacturers.
• Haselmeier Drug Delivery Devices Drug delivery devices including AXIS-D, D-FLEX, DIAPEN, and RE-VARIO products for pharmaceutical and biotechnology companies requiring reliable and precise dose administration.

Quantifiable outcome

• CO2 reduction of up to 73% with greenLine products
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core, regional and minor.

• Industrial manufacturing, production, coating, and construction leaderscoreStrategic or Co-development PartnerLong-standing partnerships with industrial manufacturing, production, coating, and construction leaders spanning nearly 100 years, providing hand-held mixing and dispensing systems
• MiniluregionalChannel Partner/ Reseller/ DistributorAuthorized German distributor for transcodent dental products
• Dental-UnionregionalChannel Partner/ Reseller/ DistributorAuthorized German distributor for transcodent dental products
• Nimbus AGminorOthersShare register management services for medmix AG shares traded on SIX Swiss Exchange

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Sulzer: medmix's former parent before the 2021 spin-off. Sulzer continues to operate in industrial flow control and mixing applications, providing overlap in industrial dispensing and mixing technology with medmix's Industry segment.
• Becton Dickinson (BD): Major medical device and drug delivery company with injection, infusion and pharmaceutical systems divisions. Overlaps with medmix's Drug Delivery devices and Surgery segments as a broader incumbent in injectable drug delivery.
• SCHOTT Pharma: Pharmaceutical packaging arm of SCHOTT, producing vials, syringes, cartridges and ampoules for injectable drugs. Broad incumbent with overlap in parenteral packaging components relevant to medmix's drug delivery customers.

Direct peers

• Nordson: Global leader in precision dispensing equipment for adhesives, sealants and coatings. Direct competitor to medmix's MIXPAC, QUADRO, COX and MK industrial dispensing product lines serving similar industrial manufacturing customers.
• Graco: Manufacturer of fluid handling equipment including two-component dispensers and applicators for industrial markets. Competes with medmix's COX/MK dispenser lines for industrial customer accounts.
• West Pharmaceutical Services: Global leader in primary packaging and drug delivery containment including stoppers, seals, syringes, and self-injection devices. Closely comparable to medmix's Drug Delivery (Haselmeier) and parenteral packaging offerings.
• Stevanato Group: Provides drug containment and delivery solutions including vials, syringes and self-injection devices for pharma/biotech. Direct peer for medmix's Drug Delivery and Healthcare cartridge businesses targeting pharma manufacturers.
• Gerresheimer: Manufacturer of primary packaging (vials, ampoules, syringes, cartridges) for pharma and cosmetics. Comparable to medmix in pharmaceutical glass/plastic packaging and beauty applicator categories.

Emerging players

• Ypsomed: Swiss specialist in self-injection devices and pen systems for pharma and biotech. Focused competitor to medmix's Haselmeier drug delivery platform, particularly in the self-administered injectable device niche.

Regional players

• Dürr AG: German industrial engineering group with application technology for adhesives, sealants and paints including mixing and dispensing. Comparable industrial customer base to medmix's Industry segment, primarily serving European manufacturers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCn4N64ZA1r4nYiEBRAJlFtw
• LinkedInlinkedin.com/company/medmix-swiss

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries9 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 Medmix