mimatic
mimatic GmbH is a German manufacturer of CNC precision cutting tools and driven toolholders (live tools, angle heads) for automotive, mechanical engineering, aerospace and woodworking customers, bundled with the proprietary mi Interface and the eltimon IIoT monitoring platform.
- Company typePrivate
- Founded1974
- HeadquartersBetzigau, Germany
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What mimatic does
mimatic GmbH is a privately-held German precision-tool manufacturer founded in 1974 and headquartered in Betzigau, Germany, with wholly-owned sales and service subsidiaries in Mundelein (USA, since 1999), Prague (since 2010) and Shanghai (since 2012). Owned by the MERIFIN Group since 1992, the company employs approximately 130 people and generates revenue in the low-double-digit EUR-millions (€14.0M was reported in 2008; no recent disclosures).
mimatic designs and manufactures a portfolio of CNC precision cutting tools and driven toolholders (live tools and angle heads) for CNC lathes and machining centers, organized into cutting tools (PolyMILL, PolySAW, STC, TriMILL, DeepMILL, SolidCUT), driven toolholders (live tools, angle heads monoblock, multi-spindle technology), and clamping technology (precision chucks). The portfolio is unified by a proprietary modular quick-change system—the mi Interface polygonal connection—across which the company has built patented product families and offers customer-specific complete solutions. Adjacent to the mechanical products, mimatic has developed the eltimon Industry 4.0 stack (sensor modules, BLE, smart Gateway, cloud, plug-and-play eltimon pro, plus the 2023 mimatic ID-tag NFC digital type plate) for digitizing and monitoring live tools and angle heads in customer production.
The commercial model combines direct enterprise field-sales (with dedicated Key Account Managers for Italy, France, Iberia, Brazil, Argentina and Benelux), an online shop for standard products, and a global distribution network of over 20 channel partners across Europe, Asia and the Americas. Customers are predominantly industrial OEMs and tier-suppliers in automotive, mechanical engineering, aerospace and woodworking, including BOSCH (Preferred Supplier since 2014), MAZAK, Hermle and WendelTools. Service and repair of driven tools and angle heads—including third-party brands—plus a free on-site Service CHECK inspection are recurring revenue streams that complement hardware sales. Pricing is not publicly disclosed; customized tools and long-running programs are quoted per customer while standard catalog products are sold through the online shop.
mimatic firmographics
Firmographics- Name
- mimatic
- Legal name
- mimatic GmbH
- Website
- https://mimatic.de
- Company type
- Private
- Founded year
- 1974
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- mimatic GmbH is a German manufacturer of CNC precision cutting tools and driven toolholders (live tools, angle heads) for automotive, mechanical engineering, aerospace and woodworking customers, bundled with the proprietary mi Interface and the eltimon IIoT monitoring platform.
- Ownership category
- akta.pro rank
mimatic industry classification
Industry- Product category
- CNC Precision Tooling
- NAICS
- Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (333514), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513)
- SIC
- Machine Tools, Metal Cutting Types (3541), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Metrology, Inspection & Machine Tool Accessories (CMMs, Probing, Gauging) (IMAHADAK), Industrial Quality Inspection & Metrology (Machine Vision) (IMAIAMAF)
Keywords
Where mimatic is headquartered
LocationHeadquarters
- HQ city
- Betzigau
- HQ country
- Germany
- HQ region
- Europe
Offices4 records
Markets served
mimatic business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- CNC Precision Tool Sales: Sale of standard and custom CNC precision cutting tools, driven toolholders, angle heads, and clamping systems for automotive, mechanical engineering, aerospace, and woodworking industries.
- Service & Repair: Preventive maintenance and repair services for driven tools and angle heads from various manufacturers. Includes repair form submission, damage analysis, gear play fine-tuning, and function testing on mimatic test bench.
- Service CHECK: Free on-site inspection service for driven tools and angle heads in Europe.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Customized Solutions |
| Other | Pay-as-you-go | Standard Product Catalog |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels9 records
mimatic product offering
Product offeringCore offering
mimatic manufactures and sells CNC precision cutting tools, driven toolholders (AGW), angle heads, and clamping technology for CNC lathes and machining centers. The product range covers standard and customized tools, together with preventive maintenance, repair, and Service CHECK inspection services for driven tools and angle heads. A growing Industry 4.0 portfolio adds the eltimon IIoT sensor module, NFC-based mimatic ID-tag, and eltimon cloud platform for tool monitoring and digital identification.
Product overview
mimatic Tool Systems is a German precision tool manufacturer offering an integrated portfolio of CNC precision standard and special tools. The product portfolio centers on three main categories: (1) Driven Toolholders (AGW) for CNC lathes and machining centers, including live tools, angle heads monoblock, and multi-spindle technology; (2) Cutting Tools including PolyMILL (circular milling), PolySAW (turn-cut milling/sawing), STC (large thread milling), DeepMILL, TriMILL, and SolidCUT; and (3) Clamping Technology including precision chucks. Key proprietary technologies include the mi modular interface system, and Industry 4.0 solutions including eltimon tool monitoring sensors and NFC-based mimatic ID-tag digital type plates. The company also provides complete customer-specific solutions and comprehensive service & repair services for driven tools and third-party products.
Differentiator
Problem solved
Functional benefit
Brands
- eltimon: Patented sensor module for data collection and digitizing of live tools, angle heads in machining centers and live tools in CNC lathes (Industry 4.0/IIoT solution).
- PolyMILL
- PolySAW
- TrioCUT
- STC
- DeepMILL
- mi-Schnittstelle
Products and services
- PolyMILL Circular milling tool with polygonal plate seat and 6 cutting edges for thread milling, dovetail milling, axial grooving, and other milling operations on CNC lathes and machining centers.
- PolySAW Saw/cut tool system with the Quadrogon interface delivering roughly 10x cutting performance, used for turn-cut milling (Drehtrennfräsen) burr-free separating with high surface quality.
- STC (Special Thread Cutting) Thread milling method for large threads that replaces thread tapping with milled large threads on CNC lathes and machining centers.
- DeepMILL Deep milling solution for slot milling operations in driven tool applications, used in CNC lathes and machining centers.
- TriMILL Face-finishing milling tool system for high-quality surface finishing operations and notch impact samples in driven tool applications.
- SolidCUT Bore Thread Milling Cutter Bore thread milling cutter for internal thread production on CNC machining centers.
- Driven Toolholders (AGW) for CNC Lathes Powered live tool units for CNC turning machines (lathes) that enable secondary operations such as milling, drilling, and tapping in a lathe environment, available in various designs and performance classes.
- Angle Heads Monoblock Monoblock angle heads for machining centers that enable milling and drilling operations at different angles with high rigidity and precision.
- mi Interface (Modular Tool System) Patented modular quick-change system with a polygonal connection between shaft and cutting edge, combining HSK-like construction features with high radial runout accuracy, extreme holding force, and short construction length.
- Multi-Spindle Technology Multi-spindle driven tool technology that enables simultaneous multiple operations in machining centers.
- eltimon Tool Monitoring Patented IIoT sensor module for predictive maintenance and monitoring of live tools and angle heads in machining centers and CNC lathes, with cloud, reader, BLE, and smart gateway components for Industry 4.0 connectivity.
- mimatic ID-tag (NFC Digital Type Plate) NFC-based digital type plate for live tools and angle heads that enables digital tool identification and data storage for Industry 4.0 applications.
- Precision Chucks & Clamping Technology Precision tool holders and clamping systems for machine tools, including collet chucks, tapping chucks, sealing discs, reducing sleeves, accessories, and static toolholders.
- Customized Complete Solutions Customer-specific complete solutions that combine driven tools, cutting tools, and clamping technology to address specific component manufacturing requirements.
- Service & Repair Preventive maintenance and repair services for mimatic and third-party driven tools and angle heads, including damage analysis, gearbox play adjustment, function testing on the mimatic test bench, spare parts management, and high spare-parts inventory enabling short repair turnaround.
- Service CHECK (Free On-Site Inspection) Free on-site inspection service for driven tools and angle heads across Europe, providing condition assessment at customer facilities.
Quantifiable outcome
- Cutting performance approximately 10x comparable tools with PolySAW
- +2 more outcomes
Companies that use mimatic
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
mimatic technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
mimatic partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, regional and minor.
- WendelToolscoreCooperation for Industry 4.0 digitalization of live tools. Eltimon technology integrated with WendelTools products. Partnership announced in 2017.
- FLIS Ges.m.b.H (Austria)regionalDistribution partner for Austria. Located at Universitätsstraße 3, 1010 Wien.
- Zettl Mimatic Inc. (USA/Canada)regionalSales and service partner for North America. Located in Mundelein, Illinois, USA.
- V. Bech Tools A/S (Denmark)regionalDistribution partner for Denmark. Located at Damvej 3, DK-8471 Sabro.
- ACT UK Group Limited (Great Britain)regionalDistribution partner for Great Britain. Located at Monkton Business Park South, Hebburn, Tyne and Wear.
- SAMTEC TOOLS & ACCESSORIES PVT. LTD. (India)regionalDistribution partner for India. Located at Survey No. 33/3, Balewadi, Pune 411045.
- Roco B.V. (Netherlands)regionalDistribution partner for Netherlands. Located at Willem Barentszweg 16, 15928 LM Venlo.
- Ravema (Finland, Norway, Sweden)regionalDistribution partner for Nordic countries (Finland, Norway, Sweden). Multiple offices including Turku, Tampere, Bryne, and Värnamo.
- Vischer & Bolli AG (Switzerland)regionalDistribution partner for Switzerland. Located at Im Schossacher 17, 8600 Dübendorf.
- NK WORKS CO., LTD (Japan)regionalDistribution partner for Japan. Located at 2-17-17 Iwamoto-cho, Chiyoda-ku, Tokyo 101-0032.
- BLUECOMPETENCEminormimatic became partner of the BLUECOMPETENCE sustainability initiative in 2011.
Scale indicators5 records
Recent moves12 records
Expansion highlights6 records
mimatic competitors and assessment
Company assessmentDirect peers
- Emuge-Franken: German manufacturer of precision taps, thread mills, and clamping technology for automotive, aerospace, and mechanical engineering. Comparable German Mittelstand profile to mimatic with overlapping threading/product portfolio.
- Mapal: German precision tool specialist in fine boring, reaming, and PCD tooling serving automotive and industrial customers. Comparable in size range and product depth to mimatic, with similar vertical-integration manufacturing approach.
- HORN (Paul Horn GmbH): German precision grooving, milling and turning tool specialist serving automotive and mechanical engineering. Comparable German Mittelstand precision toolmaker with similar niche deep-expertise positioning.
- Gühring: German precision cutting tool manufacturer (drills, reamers, end mills) serving automotive, aerospace, and general metalworking. Closest direct comparable to mimatic given similar German Mittelstand profile, special-tool customization, and automotive industry overlap.
- Haimer: German manufacturer of tool holding, shrinking, balancing and measuring technology for CNC machining. Directly comparable as a toolholder/specialist German Mittelstand supplier with automotive and aerospace customer overlap.
Broad incumbents
- Kennametal: US-listed global tooling solutions provider for metalworking, mining and infrastructure. Comparable breadth to mimatic in metal cutting inserts, toolholding and digital monitoring but operating from enterprise scale.
- Iscar: Israeli-headquartered precision metal cutting tools group (owned by Berkshire Hathaway's IMC). Overlaps directly with mimatic's turning and milling portfolio at much larger scale, with comparable automotive industry exposure.
- Ceratizit: Luxembourg-headquartered hardmetal cutting tool manufacturer (Plansee Group) serving automotive, aerospace, and metalworking. Direct portfolio overlap with mimatic but at significantly larger scale.
- Walter Tools: Large German-based cutting tools brand (owned by Sandvik/Maykestag) offering milling, turning, drilling and threading tools. Overlaps with mimatic's core cutting-tool and threading portfolio but at much greater scale.
- Sandvik Coromant: Global market leader in metal cutting tools and digital machining solutions (part of Sandvik AB). Comparable to mimatic across turning, milling, and tooling but at vastly greater scale, with competing Industry 4.0 / CoroPlus monitoring offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
mimatic social profiles
Digital presencemimatic compliance and trust
Trust signalCompliance2 records
mimatic financial estimates
Financial estimateRevenue estimate
Valuation estimate
mimatic leadership team
Management profileNumber of profiles
Profiles11 records
mimatic subsidiaries and ownership
Company hierarchySubsidiaries3 records
mimatic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
mimatic 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 mimatic
What does mimatic do?
mimatic manufactures and sells CNC precision cutting tools, driven toolholders (AGW), angle heads, and clamping technology for CNC lathes and machining centers. The product range covers standard and customized tools, together with preventive maintenance, repair, and Service CHECK inspection services for driven tools and angle heads. A growing Industry 4.0 portfolio adds the eltimon IIoT sensor module, NFC-based mimatic ID-tag, and eltimon cloud platform for tool monitoring and digital identification.
Is mimatic a public or private company?
mimatic is a private company. It is classified as private equity controlled and is currently operating.
When was mimatic founded?
mimatic was founded in 1974. It employs 51 to 100 people.
Where is mimatic based?
mimatic is headquartered in Betzigau, Germany, in the Europe region.
How does mimatic make money?
Three revenue lines are on record. CNC Precision Tool Sales are the primary driver. The others are service & Repair and service CHECK.
Who are mimatic's main competitors?
Direct peers on record are Emuge-Franken, Mapal, HORN (Paul Horn GmbH), Gühring and Haimer. Broad incumbents are Kennametal, Iscar, Ceratizit, Walter Tools and Sandvik Coromant.
Does mimatic have an API?
No public API is recorded for mimatic.
What industry is mimatic in?
mimatic's product category is CNC Precision Tooling. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAK, Metrology, Inspection & Machine Tool Accessories (CMMs, Probing, Gauging). Its NAICS code is 333514 and its SIC code is 3541.