Mondragon Assembly

What Mondragon Assembly does

Mondragon Assembly is a Spanish-headquartered international group specializing in the design, production, and installation of automated assembly equipment and turnkey production lines. Founded in 1977 as a cooperative within the MONDRAGON Corporation — one of the world's largest industrial cooperative groups — the company operates through six production plants and three sales/technical offices across Spain, Mexico, the United States, Brazil, China, France, Germany, India, and Tunisia, serving customers in more than 40 countries.

The company's product portfolio is organized around three business units. The Solar division provides turnkey photovoltaic module manufacturing lines with capacities ranging from 50 MW to 1200 MW, alongside individual equipment including the MTS 3000/ECA/6000 tabber-and-stringer series, the IC-120 automatic bussing machine (120 modules/hour, 99% uptime, supporting HJT/TOPCon/PERC/BIPV architectures), the patented Pad-Press multistack laminator (co-developed with Chinese partner QHD), and a PV testing suite covering A+A+A+ sun simulators and electroluminescence inspection. The E-Mobility & Energy Storage unit delivers battery module and pack assembly lines (cylindrical, prismatic, pouch) plus hydrogen fuel cell bipolar plate manufacturing. The Automation unit supplies customized assembly solutions for automotive, electrical components, white goods, medical, and cosmetics sectors. Contract manufacturing services complement the equipment business across all units.

Mondragon Assembly generated €120 million in turnover in 2025 and employs 501–1,000 people globally. Revenue is generated primarily through one-time equipment and turnkey line sales on a quote-based, multi-year contract model, supplemented by contract manufacturing and engineering services. The go-to-market relies on direct enterprise sales through regional subsidiaries, supported by participation in international trade shows (Intersolar, RE+, EU PVSEC, REI). The cooperative ownership structure means there are no external shareholders or public equity holders; the company reinvests through its parent group's balance sheet and has executed two notable acquisitions in recent years — a 60% stake in QHD Visual Automation Equipment (China, 2022) and 100% of ATP Engineering & Packaging (Spain, 2026), the latter adding €12M in annual revenue and entry into the food packaging sector.

Name

Mondragon Assembly

Legal name

MONDRAGON S. COOP.

Website

https://mondragon-assembly.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Mondragon Assembly is a Spanish-headquartered industrial cooperative (founded 1977, part of MONDRAGON Corporation) that designs and manufactures automated assembly equipment and turnkey production lines for solar PV, e-mobility/battery, automotive, and consumer goods manufacturers across more than 40 countries.

Ownership category

akta.pro rank

Product category

Industrial Automation Equipment

NAICS

Industrial Machinery Manufacturing (33324), Food Product Machinery Manufacturing (333241)

SIC

General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Battery Pack Manufacturing & Module Assembly (EUAFABAI)

akta.pro secondary industries

Battery Pack & Module Manufacturing (EV) (IMACACAA), End-of-Line Integration & Packaging Line Systems (IMAHAOAN)

Keywords

• Industrial automation equipment
• Photovoltaic manufacturing lines
• Turnkey assembly solutions
• Battery pack assembly
• Automated production systems

Headquarters

HQ city

Álava

HQ country

Spain

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment and Turnkey Line Sales: Mondragon Assembly designs, manufactures, and sells individual automated equipment (tabbers, stringers, laminators, testing machines) and complete turnkey production lines for solar PV module manufacturing and battery/e-mobility assembly. This constitutes the primary revenue stream, with turnkey lines available from 50 MW to 1200 MW capacity.
2. Contract Manufacturing Services: The company offers contract manufacturing as a key business activity alongside equipment sales, providing manufacturing services to complement its equipment business.
3. Engineering, Sales & Service: Revenue is generated through engineering, sales, and service operations at multiple global subsidiaries, providing localized support across regions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Mondragon Assembly designs, manufactures, and installs automated assembly equipment and complete turnkey production lines for industrial manufacturers. Core offerings include photovoltaic (solar) module manufacturing lines (50 MW to 1200 MW capacity), individual PV equipment such as tabber and stringers, laminators, lay-up systems and testing machines, battery pack and hydrogen fuel cell assembly lines for e-mobility, and customized automation solutions for automotive, electrical components, white goods, medical and cosmetic sectors. The company also provides contract manufacturing services through its global subsidiary network.

Product overview

Mondragon Assembly is a global provider of automated assembly and manufacturing equipment solutions, organized into three main business units: Solar Automation Solutions, E-Mobility & Energy Storage, and Automation Technologies. Their Solar division offers complete turnkey lines (50MW-1200MW) and individual equipment including Tabber & Stringers (MTS 3000, MTS ECA, MTS 6000), Automatic Lay-up, IC-120 Interconnection Machines, Laminators (ML Membrane, JT Inside), and PV Module Testing Equipment (Sun Simulator, EL Inspection, Hipot). The E-Mobility division provides battery pack turnkey lines and hydrogen fuel cell solutions. Their Automation unit delivers customized assembly solutions for Automotive, Electrical Components, White Goods, Medical, and Cosmetic sectors. All divisions are supported by contract manufacturing services.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Turnkey Lines (50 MW to 1200 MW) Complete turnkey production lines for photovoltaic (PV) module manufacturing with capacities ranging from 50 MW to 1200 MW, designed for solar module manufacturers requiring high-capacity automated production.
• Tabber and Stringer Machines (MTS 3000, MTS ECA, MTS 6000) Individual cell interconnection equipment for PV module manufacturing, including the MTS 3000 (world's fastest single-track tabber and stringer), MTS ECA (optimized for HJT cell connections), and MTS 6000 (high-throughput large-scale PV manufacturing).
• Automatic Lay-up Equipment Automated lay-up systems for precise positioning of solar cells and encapsulant materials during PV module assembly.
• IC-120 Automatic Bussing Machine High-performance automatic interconnection machine for connecting ribbons or wires in PV modules, achieving 120 modules per hour cycle time with over 8 hours non-stop autonomy and 99% global uptime, compatible with M10/M12 cell sizes and HJT, TOPCon, PERC and other advanced cell technologies.
• PV Laminators (ML Membrane, JT Inside, Pad-Press) Lamination equipment for PV module encapsulation including the ML Membrane (value-positioned laminator), JT Inside (high-performance laminator), and the patented Pad-Press multistack laminator co-developed with QHD Visual Automation Equipment.
• PV Module Testing Equipment Complete testing solutions for PV modules including A+A+A+ class Sun Simulators (Xenon or LED, cycle time under 20 seconds), Electroluminescence (EL) inspection with high-definition cameras (1px = 0.17mm accuracy), Hipot inspection, and visual inspection for PV module quality assurance.
• Battery Pack Turnkey Lines Turnkey production lines for battery module and pack assembly for e-mobility and energy storage applications, supporting cylindrical, prismatic, and pouch cell configurations and various lithium-based battery chemistries.
• Hydrogen Fuel Cell Turnkey Solutions Turnkey solutions for bipolar plate fuel cell manufacturing including electrolysis and stack assembly processes for automotive and stationary energy applications.
• Custom Industrial Automation Solutions Customized automation and assembly solutions for multiple industrial sectors including automotive, electrical components, white goods (appliances), medical devices, and cosmetic products.
• Contract Manufacturing Services Contract manufacturing services offering production capabilities for high-tech assembly applications across multiple industries, complementing the company's equipment business.

Quantifiable outcome

• Turnkey lines available from 50 MW to 1200 MW capacity
• +6 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• ATP Engineering & PackagingcoreTechnology or Integration · 19 February 2026Mondragon Assembly acquired 100% of the shares of ATP Engineering & Packaging, a Catalan packaging machinery company based in Barberà del Vallès, Barcelona. ATP employs 60 people, generates €12 million in sales (~50% from European exports), and brings 30 years of experience manufacturing complete packaging lines for food, hygiene, cosmetics, and home sectors. The acquisition enables Mondragon Assembly to diversify into the food packaging sector.
• IkerlancoreStrategic or Co-development Partner · 1 January 2023Mondragon Assembly and Ikerlan co-developed the Egokia platform, an initiative focused on digitalization. Ikerlan is a technology research center that collaborates with Mondragon Assembly on digital transformation and Industry 4.0 solutions for manufacturing automation.
• QHD Visual Automation EquipmentcoreTechnology or Integration · 1 January 2022Mondragon Assembly acquired a 60% stake in QHD Visual Automation Equipment, a Chinese lamination equipment maker, after seven years of collaboration. The two companies co-developed the Pad-Press multistack laminator machine, which was patented at the time of the acquisition. This partnership strengthened Mondragon Assembly's position in the solar manufacturing equipment market in Asia.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Manz AG: German automation specialist offering turnkey production lines for lithium-ion batteries, solar modules, capacitors and electronics. Closest Europe-based peer to Mondragon Assembly, competing in both solar and e-mobility turnkey equipment with similar customer base of cell/module manufacturers.
• Centrotherm International: German-headquartered PV manufacturing equipment provider specializing in turnkey lines for cell and module production, including diffusion, LPCVD, and wet chemistry. Directly competes with Mondragon Assembly's solar automation business unit for global module manufacturer capex.
• Singulus Technologies: German equipment maker offering manufacturing solutions for solar (CIGS, heterojunction), optical disc, and semiconductor applications. Competes with Mondragon Assembly in solar module production equipment and shares European customer base.
• Yinghe Technology: Chinese supplier of intelligent manufacturing equipment for lithium battery production (cylindrical, prismatic, pouch) and digital factory solutions. Directly comparable E-mobility offering to Mondragon Assembly's battery pack turnkey line business, also active in photovoltaics.
• Wuxi Lead Intelligent Equipment: Leading Chinese provider of intelligent manufacturing equipment for lithium battery cells/modules, PV modules, and 3C smart equipment. Competes with Mondragon Assembly's turnkey lines in solar and battery assembly, particularly for Asian module manufacturers.
• Jonas & Redmann Group: German automation specialist serving solar module manufacturing with tabber-stringers, laminators and turnkey lines. Closest like-for-like competitor to Mondragon Assembly's IC-120, MTS series and JT Inside laminator offerings in European PV equipment market.
• RENA Technologies: German equipment maker for solar wet processes, semiconductor and medical technology with turnkey surface treatment lines. Adjacent peer to Mondragon Assembly in solar cell/module manufacturing equipment, particularly for process steps like texturing, cleaning and coating.

Broad incumbents

• KUKA AG: Major German industrial automation and robotics company with significant battery and automotive assembly presence. While broader than Mondragon Assembly's specialty, KUKA competes in battery pack assembly automation and offers scaled R&D budgets and global service networks.
• Comau: Italian automation company (Stellantis-owned) specializing in manufacturing solutions for e-mobility, including battery cell formation and module/pack assembly. Overlaps with Mondragon Assembly's e-mobility automation business for global automotive OEMs.
• IMA Group: Italian-based global leader in automatic machinery for pharmaceutical, cosmetics, food and tea processing/packaging. Most direct competitor for Mondragon Assembly's newly-acquired ATP Engineering packaging lines business in food, hygiene and cosmetics end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mondragon Assembly