Magner International Corporation

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.

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

Headquarters

HQ city

Miramar Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core 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

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core.

• Cechriza (Peru)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Peru handling sales, technical support and service of Magner currency processing equipment.
• Suplesa (Costa Rica)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Costa Rica handling sales and service of Magner products.
• Japay (Mexico)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Mexico covering sales and technical support.
• Bankdetektor (Russia)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Russia handling sales and service.
• BS Banktechnik (Germany)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Germany covering sales and technical support.
• SAK (UAE)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for United Arab Emirates handling sales and support.
• Al Nahar (Kuwait)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Kuwait covering sales and service.
• Elu Maquinas (Brazil)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Brazil handling sales and technical support.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct 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

• Xx.com/MagnerIntCorp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Magner International Corporation