MTEX NS
MTEX NS designs and manufactures industrial digital printing equipment for packaging, flexible packaging, and labeling, serving enterprise and mid-market customers across Europe, the Middle East, and North America. It operates as a wholly owned subsidiary of AstroNova, Inc. (NASDAQ: ALOT) since May 2024.
- Company typePrivate
- Founded2011
- HeadquartersEsmoriz, Portugal
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What MTEX NS does
MTEX NS is a Portuguese designer and manufacturer of industrial digital printing equipment, founded in 2011 and headquartered in Vila Nova de Famalicão within Portugal's textile and clothing cluster. The company develops and assembles a portfolio of digital color printers organized into three segments: Packaging (NS MULTI PERFECTOR with dual-side single-pass printing, NS MULTI 1300 industrial press up to 27 m/min, NS MULTI 800 LB entry-level), Flexible Packaging (NS AQUAFLEX and AQUAFLEX S for treated/untreated papers), and Labeling (NS ATOM 2 entry-level system). All products use proprietary water-based pigment and dye inks certified under OEKO-TEX Eco Passport, integrate Industry 4.0 tools via EtherCAT, and run on in-house RIP InEdit software or third-party ERGOSOFT RIP. Manufacturing is fully vertically integrated at the Portugal facility, with 100% CE-certified components.
Since May 2024, MTEX NS has operated as a wholly owned subsidiary of AstroNova, Inc. (NASDAQ: ALOT), following an acquisition that has subsequently encountered integration challenges — including a $1.1 million operating loss on $1.7 million of Q3 FY2025 segment revenue and a $13.4 million non-cash goodwill impairment in Q4 FY2025. AstroNova has responded by restructuring MTEX's executive layer, eliminating former MTEX positions, and targeting $3 million in annualized cost savings. The company generates revenue through three streams: one-time equipment sales (NS MULTI, AQUAFLEX, ATOM product lines), recurring consumables and spare parts (inks, wear components), and service/warranty support (1-year printer warranty, 6-month consumables warranty). All pricing is custom-quoted in Euros with 30-day payment terms; a 3.5% tariff surcharge was added August 27, 2025.
Go-to-market combines direct enterprise field sales (leveraging AstroNova's global distribution network), exclusive and OEM channel partnerships (Konica Minolta Europe for NS MULTI 1300 since 2021, AFINIA for NS ATOM 2, Heidelberg OEM since 2017, Atlantic Tomorrow's Office in the US), and event-driven demand generation at major industry trade shows (DRUPA, LABELEXPO, Gulf Print and Pack, HISPACK). R&D is anchored in a partnership with INESC TEC, providing access to 650+ researchers including 270+ PhDs, and the company participates in Portugal's TEXP@CT consortium under the national Recovery and Resilience Plan for textile digitalization through June 2026.
MTEX NS firmographics
Firmographics- Name
- MTEX NS
- Legal name
- MTEX New Solution, S.A.
- Website
- https://mtexns.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MTEX NS designs and manufactures industrial digital printing equipment for packaging, flexible packaging, and labeling, serving enterprise and mid-market customers across Europe, the Middle East, and North America. It operates as a wholly owned subsidiary of AstroNova, Inc. (NASDAQ: ALOT) since May 2024.
- Ownership category
- akta.pro rank
MTEX NS industry classification
Industry- Product category
- Industrial Digital Printing Equipment
- NAICS
- Printing and Related Support Activities (3231)
- SIC
- Printing Trades Machinery & Equipment (3555)
- akta.pro primary industry
- Production & High-Volume Printing Systems (HDACAEAJ)
- akta.pro secondary industries
- Direct-to-Container & Digital Printing (Inkjet/Laser) (IMALAKAF), Flexible Packaging Printing (Film/Poly/Paper Print) (IMALAKAG)
Keywords
Where MTEX NS is headquartered
LocationHeadquarters
- HQ city
- Esmoriz
- HQ country
- Portugal
- HQ region
- Europe
Offices1 record
Markets served
MTEX NS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Digital Printing Equipment Sales: Sale of industrial digital printing equipment including NS MULTI series, NS AQUAFLEX, and NS ATOM product lines. Equipment ranges from entry-level to industrial high-volume production systems.
- Consumables and Spare Parts: Ongoing revenue from ink supplies (water-based pigment and dye inks), spare parts, and consumables. Terms and conditions reference wear parts and components that contact ink.
- Service and Support: Technical support, warranty services, and maintenance. Warranty terms specify 1-year coverage for printers and 6-month coverage for spare parts and consumables.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Custom pricing based on product configuration and order volume |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
MTEX NS product offering
Product offeringCore offering
MTEX NS manufactures and sells industrial digital printing equipment for packaging, flexible packaging, and labeling applications using water-based pigment and dye inks with CMYK configuration. The product portfolio spans the entry-level NS ATOM 2 label printer, mid-range NS MULTI 800 LB, and industrial presses including the NS MULTI 1300 (up to 27 m/min, 1300mm media width) and NS MULTI PERFECTOR with dual-side single-pass printing. The company also produces the NS AQUAFLEX and NS AQUAFLEX S for flexible packaging and sells consumables, spare parts, and service contracts.
Product overview
MTEX NS is a portfolio of industrial digital printing solutions organized into three segments: Packaging (NS MULTI PERFECTOR, NS MULTI 1300, NS MULTI 800 LB), Flexible Packaging (NS AQUAFLEX S, NS AQUAFLEX), and Labeling (NS ATOM 2). The products range from entry-level solutions for small businesses to high-performance industrial printers capable of dual-side printing in a single pass. All products feature water-based pigment and dye inks and are manufactured in Europe with 100% CE-certified components. Since May 2024, MTEX NS operates as a wholly owned subsidiary of AstroNova, enabling expanded global reach and accelerated innovation in hybrid and direct-to-product printing.
Differentiator
Problem solved
Functional benefit
Brands
- NS MULTI PERFECTOR: Dual side printing in one pass for cardboard boxes and sheets, with automatic feeding and food-safe water-based inks
- NS MULTI 1300
- NS MULTI 800 LB
- NS AQUAFLEX
- NS AQUAFLEX S
- NS ATOM 2
- Cleancare
Products and services
- NS MULTI PERFECTOR Industrial packaging printer with dual-side printing in a single pass for cardboard boxes and sheets, featuring automatic feeding, food-safe water-based inks, dual drying units, sliding service stations, hydraulic stoppers for precise board positioning, infrared safety barriers, rotation module, and 70cm stack capacity. Targeted at packaging manufacturers producing corrugated boxes, folding cartons, and large-format printed sheets.
- NS MULTI 1300 Industrial packaging solution with high resistance to water and UV, featuring automatic feeding and stacking, Industry 4.0 readiness, 300/600/1200 DPI resolution, print speeds of 9-18-27 m/min, and maximum print width of 1070mm on media up to 1300mm. Targeted at industrial packaging converters needing high-volume production with consistent color output.
- NS MULTI 800 LB Entry-level digital printer for professional packaging and paper bag production with automatic feeder, max printing width 430mm, media width 800mm, and 200mm print height. Targeted at converters producing paper bags and corrugated boxes for food, beverages, healthcare, logistics, and e-commerce applications.
- NS AQUAFLEX S Compact flexible packaging printer with max print width 642mm and max media width 800mm, featuring MTEX NS electronics with Industry 4.0 tools, EtherCAT connections, and high-capacity 5-liter ink bottles. Targeted at flexible packaging converters seeking a compact digital press with industrial automation compatibility.
- NS AQUAFLEX Industrial package printing solution for treated and untreated papers with max print width 1070mm and max media width 1200mm. Features continuous printing with ink hot-swap, registered two-sided printing, RIP InEdit software, easy color profiling, consistent color output, and advanced rewinding system. Targeted at flexible packaging producers requiring sustainable water-based digital printing.
- NS ATOM 2 Affordable entry-level labeling system with CMYK 1000ml ink tanks, 1200x1200 dpi resolution, print speeds of 9 and 18 m/min, and 230mm media width. Targeted at small and mid-market label printing operations serving food, beverages, healthcare, and other industries requiring accurate short-run label production.
Quantifiable outcome
- Print speed up to 27m/min on industrial models
- +2 more outcomes
Companies that use MTEX NS
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
MTEX NS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
MTEX NS partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major and minor.
- SPGPrintscoreStrategic partnership from 2020-2022 focused on digital textile printing solutions. R&D teams collaborated to incorporate SPGPrints' digital textile application know-how into MTEX digital printing equipment. Partnership includes technology for sublimation and pigment printing applications expected to show significant growth. SPGPrints' Archer Technology platforms (PIKE and JAVELIN) complement MTEX's digital printing systems.
- Konica Minolta EuropecoreDistribution partnership since 2021 for MTEX's PKG-1300 (now NS MULTI 1300) industrial packaging solution. Strengthened at LABELEXPO Brussels 2023 where MTEX equipment was showcased at Konica Minolta's booth. Represents a key channel for European market access.
- AFINIAmajorAFINIA holds exclusive rights to distribute MTEX NS's entry-level labeling model (NS ATOM 2). Described as a powerhouse in the labeling industry, representing a significant channel partnership for market penetration in labeling segment.
- HeidelbergmajorOEM distribution partnership established in 2017 when NS closed OEM deals with Heidelberg, a leading printing industry company.
- INESC TECcoreR&D partnership with INESC TEC, one of the world's leading research institutions. Over 650 researchers including 270+ PhDs support the continuous innovation of MTEX's New Solution R&D team. This partnership fuels ongoing development of digital printing technologies.
- NEXTILmajorPartnership to develop a revolutionary digital textile dyeing machine using natural pigments. MTEX NS's technological expertise combined with NEXTIL's textile industry knowledge enabled creation of a machine using EtherCAT communication protocol for Industry 4.0 integration.
- TEXP@CT ConsortiumminorMTEX NS participates in the TEXP@CT consortium as part of Portugal's Recovery and Resilience Plan (PRR). The consortium of 39 partners focuses on digitalization of the textile and clothing sector. MTEX's investment is €1,928,207.99 with incentive of €1,086,635.02.
- Atlantic Tomorrow's OfficeminorPartner for open house events showcasing MTEX NS technology to customers in the US market.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
MTEX NS competitors and assessment
Company assessmentDirect peers
- Durst Group: Italian-headquartered manufacturer of digital inkjet presses for packaging, labels, and corrugated applications—including the Durst Tau and Delta series—directly competing with MTEX NS's NS MULTI and NS AQUAFLEX lines in industrial digital packaging printing.
- Xeikon (Flint Group Digital Solutions): Manufacturer of digital label and packaging presses (Cheetah, Panther, TX500) using dry toner and inkjet technology, competing with MTEX NS's NS ATOM 2 and AQUAFLEX in label and flexible packaging digital printing.
- Mark Andy: US-based manufacturer of label and packaging printing equipment including the Digital Pro and Digital Series HD hybrid presses—directly comparable to MTEX NS's NS ATOM 2 and NS MULTI lines in narrow-web and label digital printing.
- Domino Digital Printing: Manufacturer of digital inkjet printers including the N610i and K600i for labels and packaging; directly competes with MTEX NS's NS ATOM 2 in industrial label digital printing with comparable CMYK water-based and UV ink offerings.
- SPGPrints: Dutch manufacturer of rotary screen, digital inkjet, and laser imaging equipment for textiles and packaging—former strategic partner of MTEX NS through 2022 and direct competitor in digital textile and packaging printing.
Broad incumbents
- HP Indigo (HP Inc.): Market-leading digital press portfolio (Indigo 25K, 120K series) for labels, packaging, and commercial print; competes broadly with MTEX NS across packaging and labeling, with significantly greater scale and global service infrastructure.
- Fujifilm (Graphic Systems / Inkjet Technology): Provides digital inkjet printheads, inks, and integrated press solutions for packaging, labels, and wide-format—overlapping with MTEX NS's water-based pigment ink technology and packaging press offerings, but at substantially larger scale.
- Bobst: Swiss-based supplier of packaging printing and converting equipment, including digital solutions for labels and folding cartons; competes with MTEX NS in industrial packaging digital presses and benefits from a much larger installed base.
- Heidelberger Druckmaschinen (Heidelberg): German press OEM and MTEX NS distribution partner since 2017; also offers competing digital and hybrid packaging presses through its Gallus and Heidelberg Digital portfolio, making it both an OEM channel and an indirect competitor.
Emerging players
- Konica Minolta (Industrial Printing): Both a distribution partner of MTEX NS (since 2021 for PKG-1300/NS MULTI 1300) and an emerging competitor through its own AccurioLabel and digital packaging press portfolio—creating channel competition alongside partnership overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MTEX NS social profiles
Digital presenceMTEX NS compliance and trust
Trust signalCompliance1 record
MTEX NS financial estimates
Financial estimateRevenue estimate
Valuation estimate
MTEX NS leadership team
Management profileNumber of profiles
Profiles4 records
MTEX NS funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MTEX NS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MTEX NS
What does MTEX NS do?
MTEX NS manufactures and sells industrial digital printing equipment for packaging, flexible packaging, and labeling applications using water-based pigment and dye inks with CMYK configuration. The product portfolio spans the entry-level NS ATOM 2 label printer, mid-range NS MULTI 800 LB, and industrial presses including the NS MULTI 1300 (up to 27 m/min, 1300mm media width) and NS MULTI PERFECTOR with dual-side single-pass printing. The company also produces the NS AQUAFLEX and NS AQUAFLEX S for flexible packaging and sells consumables, spare parts, and service contracts.
Is MTEX NS a public or private company?
MTEX NS is a private company. It is classified as corporate owned and is currently operating.
When was MTEX NS founded?
MTEX NS was founded in 2011. It employs 51 to 100 people.
Where is MTEX NS based?
MTEX NS is headquartered in Esmoriz, Portugal, in the Europe region.
How does MTEX NS make money?
Three revenue lines are on record. Digital Printing Equipment Sales are the primary driver. The others are consumables and Spare Parts and service and Support.
Who are MTEX NS's main competitors?
Direct peers on record are Durst Group, Xeikon (Flint Group Digital Solutions), Mark Andy, Domino Digital Printing and SPGPrints. Broad incumbents are HP Indigo (HP Inc.), Fujifilm (Graphic Systems / Inkjet Technology), Bobst and Heidelberger Druckmaschinen (Heidelberg). Konica Minolta (Industrial Printing) is listed as an emerging player.
Does MTEX NS have an API?
No public API is recorded for MTEX NS.
What industry is MTEX NS in?
MTEX NS's product category is Industrial Digital Printing Equipment. Its primary akta.pro industry code is HDACAEAJ, Production & High-Volume Printing Systems, with a secondary code of IMALAKAF, Direct-to-Container & Digital Printing (Inkjet/Laser). Its NAICS code is 3231 and its SIC code is 3555.