Montel
Montel is a privately held, North American manufacturer founded in 1924 that designs, produces, and globally distributes high-density mobile shelving, mobile racking, cabinets, lockers, and vertical farming systems to enterprise and government customers across industrial, military, museum, library, and agricultural segments.
- Company typePrivate
- Founded1924
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Montel does
Montel is a privately held manufacturer of high-density mobile storage systems and vertical farming infrastructure, founded in 1924 and operating globally with 101-250 employees. The legal entity, Montel Inc., is governed by Canadian law with headquarters in the Montmagny district of Quebec, while the firmographic record lists Oslo, Norway as the operating city. The company designs and manufactures its products in North America and ships worldwide, selling through direct enterprise field sales supplemented by a global network of Authorized Montel Distributors (AMDs) and certified installers.
The core product line is organized into two divisions. Storage Systems comprises mobile shelving (mechanical-assist, powered electrical, manual, and lateral-movable configurations), mobile racking (light, medium, heavy, and max heavy-duty), shelving and racking systems (4-post hybrid, cantilever library, high-bay, wide-span), art racks, cabinets and carts, specialty storage, and lockers. The patented Mobilex, SafeAisle, SafeCrank, SmartShelf, LED Guard, LoopAir, and GreenWalk technologies underpin the mechanical-assist, powered electrical, safety, and lighting subsystems. The Vertical Farming division includes mobile grow systems, vertical grow racks, integrated ventilation and catwalk systems, trays and decking, and cultivation carts, with MoFarm serving as a pilot R&D facility in Montmagny, Quebec.
Montel sells capital equipment on a project-based, quote-driven model rather than a recurring or subscription basis. Revenue streams are one-time system sales plus professional installation services, with pricing not publicly disclosed. The customer base spans ten primary segments including warehouse and industrial, military and public safety, museum and fine art, library and education, cannabis cultivation, horticulture and vertical farming, healthcare, government, sports and athletics, and cold storage. Named enterprise and government customers include Perrigo, ASICS, Sports Experts, Maricopa County Criminal Justice Facility, Stanislaus County Sheriff's Department, U.S. Beale Air Force Base, Miller Industries, Zenith Aviation, and Immunotec. In 2025, Montel received up to $5 million CAD from the Weston Family Foundation to advance a pollinator-independent indoor berry production initiative in partnership with Toronto Metropolitan University, and CEO Jérôme Doucet leads the company following its 2017 acquisition of Price [IT].
Montel firmographics
Firmographics- Name
- Montel
- Legal name
- Montel Inc.
- Website
- https://montel.com
- Company type
- Private
- Founded year
- 1924
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Montel is a privately held, North American manufacturer founded in 1924 that designs, produces, and globally distributes high-density mobile shelving, mobile racking, cabinets, lockers, and vertical farming systems to enterprise and government customers across industrial, military, museum, library, and agricultural segments.
- Ownership category
- akta.pro rank
Where Montel is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Montel business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Mobile Shelving Systems: Sale of high-density mobile shelving and racking systems including mechanical-assist, powered electrical, and manual systems for various industrial and commercial applications
- Vertical Farming Systems: Sale of vertical farming infrastructure including grow racks, mobile grow systems, shelving, trays, ventilation, and carts for controlled environment agriculture
- Locker and Cabinet Systems: Sale of modular locker systems and storage cabinets for various market segments
- Custom Installation Services: Professional installation by trained and certified installers
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Montel product offering
Product offeringCore offering
Montel designs, manufactures, and sells high-density mobile shelving and mobile racking systems (mechanical-assist, powered electrical, and manual configurations) along with vertical farming infrastructure including mobile grow systems, grow racks, trays, ventilation, and carts. All products are designed and manufactured in North America and distributed globally through direct enterprise sales and a network of Authorized Montel Distributors. The company also offers custom installation by trained and certified installers.
Product overview
Montel is a manufacturer of high-density mobile storage systems and vertical farming solutions. The product portfolio includes two main divisions: Storage Systems (mobile shelving, mobile racking, shelving & racking systems, art racks, cabinets, specialty storage, and lockers) and Vertical Farming products (mobile grow systems, grow racks, shelving systems, integrated equipment, trays & decking, and carts & cabinets). The Storage Systems division features patented technologies including MOBILEX, SAFEAISLE, SMARTSPACE, SAFERAK, RACK&ROLL, SMARTGLIDE, SMARTSHELF, AETNASTAK, HYBRIA, HI-BAY, and GreenWalk, SafeCrank, LoopAir, LED Guard. The Vertical Farming division includes products like Mechanical-Assist Mobile Grow System, Vertical Grow Racks, Ventilation Systems, and Clone/Hanging Drying/Grow Carts. The company also operates MoFarm, a pilot research facility for indoor berry production technology. Products are available in mechanical-assist, powered electrical, and manual configurations, serving markets including athletics, automotive, healthcare, cold storage, military, museum, library, education, warehouse, government, retail, and office.
Differentiator
Problem solved
Functional benefit
Brands
- GreenRak: Vertical farming grow rack and mobile growing systems brand
- MoFarm
- Mobilex
- SafeAisle
- SafeCrank
- SmartShelf
- SmartSpace
- SafeRak
- RACK&ROLL
- BULK&ROLL
- AetnaStak
- Hybria
- Hi-Bay
- ModuLab
- SmartGlide
- LoopAir
- LED Guard
Products and services
- MOBILEX Mechanical-Assist Mobile Shelving
Quantifiable outcome
- Up to 50% floor space savings
- +2 more outcomes
Companies that use Montel
Customer profileNamed customers10 records
Segments10 records
Ideal customer profiles6 records
Montel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Montel partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Toronto Metropolitan University (TMU) ResearcherscoreMontel partnered with TMU researchers led by Professor Habiba Bougherara and Professor Lesley Campbell to develop and test pollinator-independent indoor berry production. Montel built and hosts the MoFarm pilot facility in Montmagny, Québec, providing engineering infrastructure including multi-tier grow racks and environmental controls. The project tests TMU's patented airflow-based pollination technology for indoor raspberry cultivation without bees.
- MoFarmcoreMoFarm is a pilot vertical farm facility in Montmagny, Québec serving as the operational testbed for validating TMU's airflow-based pollination technology for indoor berry production. Montel provides the engineering infrastructure while TMU scientists conduct testing under real commercial vertical farming conditions.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Montel competitors and assessment
Company assessmentDirect peers
- Spacesaver Corporation: U.S.-based manufacturer of high-density mobile shelving and racking systems for government, healthcare, museum, and military markets — directly competes with Montel's Mobilex, SafeAisle, SafeRak and 4-post hybrid shelving lines.
- Rousseau Metal: Canadian manufacturer of industrial shelving, racking, and workstations — comparable North American competitor to Montel in warehouse, manufacturing, and automotive storage.
- Hänel GmbH & Co. KG: German manufacturer of vertical lift modules and rotary storage systems with global reach — directly comparable to Montel's high-density, space-optimizing storage proposition for industrial and archive customers.
- Lista International: Manufacturer of modular drawer storage cabinets and workstations for industrial, aerospace, and government use — direct overlap with Montel's drawer cabinet and specialty storage lines (ModuPro, light-duty drawer cabinets).
Emerging players
- AeroFarms: U.S. vertical farming operator using controlled environment agriculture with multi-tier grow racks — directly comparable downstream customer/prospect for Montel's GreenWalk vertical farming racking systems.
- Bowery Farming: Indoor vertical farm operator with multi-tier racking and environmental controls — represents the end-market Montel's GreenWalk and MoFarm platforms are designed to serve with integrated CEA infrastructure.
Broad incumbents
- Mecalux: Spain-based global manufacturer of warehouse storage systems including mobile racking and shelving — overlaps with Montel's SAFERAK heavy-duty and 4D Wide Span industrial racking lines for warehouse and distribution center customers.
- Dexion (Constructor Group): European industrial storage and racking manufacturer serving warehouse and distribution center customers — overlaps with Montel's mobile racking and high-bay shelving offerings for industrial buyers.
- Kardex Group: Swiss-listed global supplier of automated storage, retrieval, and material handling solutions including mobile shelving, vertical lift modules, and racking — competes with Montel across enterprise and industrial customers with a broader product portfolio.
- Stanley Black & Decker (Vidmar / Lista): Industrial storage cabinets and modular workstations under Vidmar and Lista brands — comparable to Montel's ModuPro, ModuLab, and drawer cabinet products serving automotive, manufacturing, and government customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Montel social profiles
Digital presenceMontel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Montel leadership team
Management profileNumber of profiles
Profiles1 record
Montel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Montel M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Montel
What does Montel do?
Montel designs, manufactures, and sells high-density mobile shelving and mobile racking systems (mechanical-assist, powered electrical, and manual configurations) along with vertical farming infrastructure including mobile grow systems, grow racks, trays, ventilation, and carts. All products are designed and manufactured in North America and distributed globally through direct enterprise sales and a network of Authorized Montel Distributors. The company also offers custom installation by trained and certified installers.
Is Montel a public or private company?
Montel is a private company. It is classified as unknown and is currently operating.
When was Montel founded?
Montel was founded in 1924. It employs 101 to 250 people.
Where is Montel based?
Montel is headquartered in Oslo, Norway, in the Europe region.
How does Montel make money?
Four revenue lines are on record. Mobile Shelving Systems are the primary driver. The others are vertical Farming Systems, locker and Cabinet Systems and custom Installation Services.
Who are Montel's main competitors?
Direct peers on record are Spacesaver Corporation, Rousseau Metal, Hänel GmbH & Co. KG and Lista International. Emerging players are AeroFarms and Bowery Farming. Broad incumbents are Mecalux, Dexion (Constructor Group), Kardex Group and Stanley Black & Decker (Vidmar / Lista).
Does Montel have an API?
No public API is recorded for Montel.