Magner International Corporation
Magner International Corporation, founded in 1983 and family-owned, is a US manufacturer of currency processing equipment — banknote counters, coin sorters, value sorters, fitness sorters, and counterfeit detectors — sold through authorized distributors to banks, retailers, government treasuries, and cash-intensive businesses across 150+ countries.
- Company typePrivate
- Founded1983
- HeadquartersMiramar Beach, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Magner International Corporation does
Magner International Corporation is a family-owned US manufacturer of currency processing equipment, founded in 1983 by Paul R Brunner and headquartered in Fort Lauderdale, Florida. The company designs, produces, and distributes banknote counters, value sorters, fitness sorters, vacuum counters, coin counters and sorters, banknote detectors, and cash packaging machines used by financial institutions, retail operations, government treasuries, casinos, and cash vault operators. With over 5 million machines installed across 150+ countries, Magner maintains a globally distributed aftermarket footprint anchored by a regionalized authorized distributor network rather than direct enterprise sales.
The product portfolio is built around proprietary counterfeit detection technology combining UV, magnetic, infrared, Antistokes, spectral analysis, and dual RGB Contact Image Sensors (CIS), with European Central Bank approval across the Value Counter line. Hardware spans entry-level portable counters (Magner 30 and 125 Series at speeds up to 1,800 notes/min), heavy-duty single-pocket banknote counters (75 Series) built for cash vault use, high-speed vacuum counters (VC525 and VC3000 reaching up to 3,000 notes/min), 1.5- and 3.5-pocket value and fitness sorters supporting up to 100 currencies (Magner 155V/F, 2000V/F, 350, and the flagship Magner 3500 with serial number recognition at 1,200 notes/min), and complementary coin sorters plus cash binding and strapping equipment. Recent launches — the Magner 125E (September 2024), Magner 1500 (May 2025), and Magner 3500 (November 2025) — demonstrate ongoing investment in serial number recognition, multi-currency auto-detection, and fitness sorting capability.
Magner generates revenue primarily through B2B hardware sales via its exclusive authorized distributor network across named markets including the US, Peru, Costa Rica, Mexico, Russia, Germany, UAE, Kuwait, and Brazil. Pricing is not publicly disclosed; orders are accepted through direct inquiry or distributor contact, with advance payment required for machine purchases. The company operates with 11-50 employees, maintains no public filings, has no disclosed institutional ownership or funding rounds, and shows no acquisition history, reflecting its private, family-controlled structure following the death of founder Paul R Brunner in 2013.
Magner International Corporation firmographics
Firmographics- Name
- Magner International Corporation
- Legal name
- Magner International Corporation
- Website
- https://magnerinternational.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Magner International Corporation, founded in 1983 and family-owned, is a US manufacturer of currency processing equipment — banknote counters, coin sorters, value sorters, fitness sorters, and counterfeit detectors — sold through authorized distributors to banks, retailers, government treasuries, and cash-intensive businesses across 150+ countries.
- Ownership category
- akta.pro rank
Where Magner International Corporation is headquartered
LocationHeadquarters
- HQ city
- Miramar Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Magner International Corporation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Currency Processing Equipment Sales: Magner International generates revenue through the sale of currency counters, banknote detectors, coin counters and sorters, and related equipment. Products are sold through a global network of authorized distributors. The company has been selling currency processing equipment since 1983 with over 5 million machines installed worldwide.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | B2B hardware sales through authorized distributors |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Magner International Corporation product offering
Product offeringCore offering
Magner International Corporation designs, manufactures, and distributes currency processing equipment including banknote counters, value sorters, fitness sorters, vacuum counters, coin counters/sorters, and counterfeit detectors. The company sells its products exclusively through a global authorized distributor network spanning 150+ countries, targeting banks, retail businesses, government treasury authorities, and cash-intensive operators. More than 5 million Magner machines have been installed worldwide since 1983.
Product overview
Magner International Corporation is a family-owned company founded in 1983, specializing in currency processing equipment. The product portfolio comprises multiple interconnected product lines for banknote and coin processing: Value Sorters (155V, 1500, 152, 152DC, 2000V) for denomination-based currency counting; Fitness Sorters (155F, 2000F, 350, 3500) for sorting notes by physical condition and authenticity; Vacuum Counters (VC3000, VC525C MINI AIR, VC525C VS, VC525T VS, VC525 Mini Air) for high-speed counting of all note qualities; Banknote Counters (30 Series, 75 Series, 125 Series) for basic to advanced counting with counterfeit detection; Value Counters (125E Series) combining counting with denomination recognition; Cash Packaging Machines (803 Binding, NM-420 Strapping, Coin Packager) for organizing processed currency; Coin Counters and Sorters (610, 910, 211, 926 Plus, 915) for coin processing; and the 215 Banknote Detector as a standalone counterfeit detection unit. The products range from portable single-pocket counters to heavy-duty multi-pocket sorters, all featuring Magner's counterfeit detection technology (UV, magnetic, IR sensors) and ECB approval for the Value Counter line.
Differentiator
Problem solved
Functional benefit
Products and services
- Magner 2000V
Companies that use Magner International Corporation
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Magner International Corporation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Magner International Corporation partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- Cechriza (Peru)coreAuthorized distributor for Peru handling sales, technical support and service of Magner currency processing equipment.
- Suplesa (Costa Rica)coreAuthorized distributor for Costa Rica handling sales and service of Magner products.
- Japay (Mexico)coreAuthorized distributor for Mexico covering sales and technical support.
- Bankdetektor (Russia)coreAuthorized distributor for Russia handling sales and service.
- BS Banktechnik (Germany)coreAuthorized distributor for Germany covering sales and technical support.
- SAK (UAE)coreAuthorized distributor for United Arab Emirates handling sales and support.
- Al Nahar (Kuwait)coreAuthorized distributor for Kuwait covering sales and service.
- Elu Maquinas (Brazil)coreAuthorized distributor for Brazil handling sales and technical support.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Magner International Corporation competitors and assessment
Company assessmentDirect peers
- Glory Global Solutions: A leading global manufacturer of cash handling, recognition and recycling equipment for banks, retailers and cash-in-transit operators. Directly comparable to Magner across currency counters, sorters and fitness sorters, but with a much larger installed base and broader product portfolio.
- Kisan Electronics: Korean manufacturer of currency counting and counterfeit detection equipment. Directly competes with Magner's banknote counter and detector lines and is similarly focused on emerging-market banking and retail cash handling.
- Crane NXT: US-based provider of currency processing equipment, authentication technologies and banknote substrates. Directly competes with Magner in banknote counters, sorters and counterfeit detection, with strong North American banking relationships.
- Hitachi Channel Solutions: Formerly Hitachi-Omron Terminal Solutions, this Japanese business produces cash recyclers, ATMs and banknote handling equipment for financial institutions. Comparable to Magner's premium fitness sorter and value sorter categories.
- De La Rue: British banknote printer and currency security specialist with a cash processing equipment business. Comparable to Magner in counterfeit detection, authentication and currency handling technology, with deeper exposure to central bank contracts.
- Laurel Bank Machines: Japanese manufacturer of currency counters, sorters and coin processing equipment. Closely comparable product categories to Magner, including value sorters, fitness sorters and coin sorters, with strong Asia-Pacific distribution.
- Toshiba Infrastructure Systems & Solutions: Manufactures currency handling equipment including banknote counters and sorters for banking and retail customers. Directly comparable product categories to Magner, with broader scale and a global service network.
- Giesecke+Devrient Currency Technology: German security technology group whose Currency Technology division produces banknote processing, counterfeit detection and cash center automation equipment. Closely comparable product lines to Magner, particularly in high-end fitness sorting and central bank solutions.
Emerging players
- Julong (Zhejiang Julong Automation): Chinese manufacturer of currency sorting, counting and counterfeit detection equipment. Offers product categories directly comparable to Magner's value sorters and fitness sorters, primarily serving domestic Chinese banks and select export markets.
- Bcash Tecnologia: Brazilian manufacturer of cash handling equipment including banknote counters and coin processors. Partially overlaps Magner's product lines and serves overlapping customer types (banks, retail, cash-in-transit), but primarily focused on Latin America.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Magner International Corporation social profiles
Digital presenceMagner International Corporation compliance and trust
Trust signalCompliance1 record
Magner International Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magner International Corporation leadership team
Management profileNumber of profiles
Magner International Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magner International Corporation 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 Magner International Corporation
What does Magner International Corporation do?
Magner International Corporation designs, manufactures, and distributes currency processing equipment including banknote counters, value sorters, fitness sorters, vacuum counters, coin counters/sorters, and counterfeit detectors. The company sells its products exclusively through a global authorized distributor network spanning 150+ countries, targeting banks, retail businesses, government treasury authorities, and cash-intensive operators. More than 5 million Magner machines have been installed worldwide since 1983.
Is Magner International Corporation a public or private company?
Magner International Corporation is a private company. It is classified as family owned and is currently operating.
When was Magner International Corporation founded?
Magner International Corporation was founded in 1983. It employs 11 to 50 people.
Where is Magner International Corporation based?
Magner International Corporation is headquartered in Miramar Beach, United States, in the North America region.
How does Magner International Corporation make money?
One revenue line is on record: currency Processing Equipment Sales.
Who are Magner International Corporation's main competitors?
Direct peers on record are Glory Global Solutions, Kisan Electronics, Crane NXT, Hitachi Channel Solutions, De La Rue, Laurel Bank Machines, Toshiba Infrastructure Systems & Solutions and Giesecke+Devrient Currency Technology. Emerging players are Julong (Zhejiang Julong Automation) and Bcash Tecnologia.
Does Magner International Corporation have an API?
No public API is recorded for Magner International Corporation.