MGI Digital Technology

What MGI Digital Technology does

MGI Digital Technology is a French industrial manufacturer of digital printing and embellishment equipment, founded in 1982 and headquartered in Fresnes, France, listed on Euronext Paris (ticker ALMDG). The company invented digital embellishment in 1985 and remains the global leader in 100% digital application of selective UV varnish and hot foil stamping without conventional tooling, plates, screens, or clich\u00e9s. Its product portfolio centers on the AlphaJET Factory 5.0 single-pass digital print-and-finish platform, the JETvarnish 3D series (sheet-fed and reel-to-reel finishing presses), the Octopus Web digital die-cutting system, and the AltiJet industrial inkjet press for the printed circuit board market developed with Altix. Hardware is complemented by proprietary consumables (Eco Varnish, Green Foil) certified to the Ingede 11 de-inkability standard and by the MGI Connect cloud platform bundling Approve (3D/AR proofing), Dashboard (production monitoring), and JetForce (user community).

MGI employs approximately 260 people across six industrial sites in France and Germany, with additional technical and commercial offices in China and the United States, and exports more than 90% of production. The company invests over 26% of annual revenue in R&D, which has produced an AI-driven AIS quality-control system, predictive-maintenance cloud connectivity, and a steady cadence of award-winning product launches. Revenue is generated primarily through capital-equipment sales, recurring consumables, cloud-based software services, and technical support, with a global go-to-market dominated by a flagship distribution partnership with Konica Minolta and supplemented by direct enterprise field sales and technical service centers.

The company serves commercial printers, packaging converters, label manufacturers, flexible packaging producers, photo-product services, web-to-print platforms, publishers, and subcontract finishers, with a customer base illustrated by logos such as ISRA Cards, Cewe, Peerprint, Rotocel, Etichete Flexo, Reslan Etiket, Heret, Hahn Media+Druck, and PrintPark. MGI's strategic positioning rests on three pillars: a 40-year head start and accumulated IP in digital embellishment, sustainability-led certified consumables, and a Konica Minolta-enabled global distribution footprint. The company has expanded beyond its graphic-arts heritage into printed electronics via the AltiJet platform and the 2013 acquisition of Ceradrop, indicating a deliberate diversification of addressable markets.

Name

MGI Digital Technology

Legal name

MGI Digital Technology

Website

https://mgi-fr.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

MGI Digital Technology is a French industrial manufacturer of digital printing and embellishment presses serving commercial printers, packaging converters, label makers, and electronics manufacturers globally. Founded in 1982 and listed on Euronext Paris, it invented digital embellishment and sells through a flagship Konica Minolta distribution partnership.

Ownership category

akta.pro rank

Product category

Industrial Digital Printing & Embellishment Equipment

SIC

Printing Trades Machinery & Equipment (3555)

akta.pro primary industry

Production & High-Volume Printing Systems (HDACAEAJ)

akta.pro secondary industries

Labeling, Coding & Marking Equipment (Labelers, Inkjet, Laser) (IMALAOAD), Label Application Systems & Print-and-Apply (Equipment) (IMALAKAO)

Keywords

• Industrial digital printing
• Digital embellishment equipment
• Selective UV varnish presses
• Digital hot foil stamping
• Reel-to-reel finishing systems

Headquarters

HQ city

Fresnes

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Equipment Sales: Sale of industrial digital printing and embellishment presses including AlphaJET, JETvarnish 3D series, JETvarnish 3D Web series, Octopus, and AccurioShine 3600. Equipment ranges from sheet-fed (B1/B2) to reel-to-reel formats for various market segments.
2. Consumables: Recurring revenue from consumables including UV varnishes (Eco Varnish), hot foil stamping films (Green Foil), and other supplies specific to MGI digital presses.
3. MGI Connect Software Services: Cloud-based software services including MGI Approve (3D visualization and online proofing), MGI Dashboard (production monitoring), and MGI JetForce (community platform). Subscription-based cloud services for equipment users.
4. Technical Support & Services: Technical support services, installation, training, and after-sales service for MGI equipment users worldwide.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

MGI Digital Technology designs, manufactures, and globally distributes industrial digital printing and embellishment equipment for commercial printers, packaging converters, label manufacturers, and web-to-print platforms. Its product range includes the AlphaJET single-pass digital printing and finishing plant, the JETvarnish 3D series of sheet-fed and reel-to-reel digital UV varnish and hot foil stamping presses, the Octopus Web digital die-cutting system, the AltiJet industrial inkjet press for PCBs, and supporting finishing equipment (PressCard Pro, PunchCard Pro). The equipment is complemented by the MGI Connect cloud platform (Approve, Dashboard, JetForce) and a recurring consumables line (Eco Varnish, Green Foil).

Product overview

MGI Digital Technology is a French manufacturer of industrial digital printing and embellishment presses serving commercial printing, packaging, adhesive labels, flexible packaging, photo printing, Web-to-Print, and subcontracting markets. The company invented digital embellishment and offers a comprehensive portfolio including: AlphaJET (the flagship 5.0 digital printing and finishing plant for B1/B2 sheets), the JETvarnish 3D series (sheet-fed finishing presses including Evo, 3D, and One models), JETvarnish 3D Web series (reel-to-reel finishing presses including Web 400, Web Compact, and the original Web), Octopus Web (digital die-cutting system), PressCard Pro and PunchCard Pro (finishing equipment), and the AltiJet (industrial inkjet press for printed circuit boards developed with Altix). These hardware products are complemented by MGI Connect, a secure cloud platform bundling MGI Approve (3D visualization and augmented reality proofing), MGI Dashboard (production monitoring), and MGI JetForce (user community). The company distributes globally through a strategic partnership with Konica Minolta.

Differentiator

Problem solved

Functional benefit

Brands

• AlphaJET: Digital printing and embellishment press - 100% digital Plant 5.0 that performs multiple operations in a single pass on B1 and B2 sheets with aqueous inkjet printing, OPV protective varnish, UV selective varnish, and hot-dip gilding.
• JETvarnish 3D Evo
• JETvarnish 3D One
• JETvarnish 3D Web 400
• PressCard Pro
• PunchCard Pro
• MGI Connect
• MGI Approve
• MGI Dashboard
• MGI JetForce
• AltiJet
• Octopus Web

Products and services

• AlphaJET 100% digital printing plant 5.0 that performs approximately four operations in a single pass on B1 and B2 sheets: 1200 dpi four-color aqueous inkjet printing, OPV protective varnish coating replacing plastic lamination, UV selective varnish application, and hot-dip gilding flat or raised. For commercial printers, packaging converters and label manufacturers.
• JETvarnish 3D Evo Sheet-fed digital finishing press and market benchmark for B1 and B2 formats, enabling UV selective varnish and hot foil stamping, flat or embossed, in fixed or variable data, on all types of paper with or without lamination. For commercial printers, packaging converters, photo and web-to-print service providers.
• JETvarnish 3D Versatile digital selective varnishing and hot foil stamping solution for sheet-fed applications. For commercial printers adding premium finishing to B1/B2 print jobs.
• JETvarnish 3D One Digital finishing press for sheet-fed applications providing selective UV varnish and hot foil stamping capabilities. Entry-level sheet-fed embellishment for commercial and packaging printers.
• JETvarnish 3D Web 400 Second-generation digital reel-to-reel finishing press that applies UV selective varnish and hot foil stamping in a single pass, flat or raised, with fixed or variable data. Equipped with flexo group, semi-rotary cutting and double rewinder; speed up to 50 m/min. For self-adhesive label converters and flexible packaging manufacturers.
• JETvarnish 3D Web First digital roll-to-roll finishing press on the market, enabling UV selective varnish and hot foil stamping for self-adhesive labels and flexible packaging.
• JETvarnish 3D Web Compact Compact digital UV selective varnish and hot foil stamping press in a single pass, with two inkjet print engines depositing different UV varnishes. Quick set-up, compatible with closed and open substrates, and with offset, flexo, toner or inkjet printing. For self-adhesive label converters.
• Octopus Web Revolutionary digital reel-to-reel die-cutting system using 4-axis heads with professional die-cutting blades (not lasers). Compatible with all substrates including synthetics, cotton papers, coated and uncoated papers; offers PDF to Cut capability. For self-adhesive label converters and trade finishers.
• PressCard Pro Industrial lamination press with compact size for all plastic, synthetic and paper substrates. For card and packaging manufacturers.
• PunchCard Pro Hydraulic cutting unit to produce cards in ISO-CR80 format. For card manufacturers and finishing services.
• AltiJet Industrial inkjet production press for the printed circuit board market, designed to apply Solder Mask and Etch Resist. Developed in partnership with Altix, combining MGI's inkjet expertise with Altix's PCB market knowledge. Reduces processing steps by 50-60% and eliminates solvent use.
• MGI Connect Secure cloud platform dedicated to MGI users, bundling MGI Approve (3D visualization and online BAT with augmented reality), MGI Dashboard (real-time production monitoring) and MGI JetForce (user community).
• MGI Approve Cloud service for B.A.T. (proof) by internet with augmented reality and online commercial prospecting, with 3D visualization of projects and a virtual catalog for online sales of digital embellishment.
• MGI Dashboard Real-time production monitoring tool for management teams to analyze performance and efficiency, improve productivity and optimize costs with statistical indicators.
• MGI JetForce Community platform for MGI equipment users including discussion forums, blogs, thematic groups, advice and trend books for sharing experience and applications.
• Eco Varnish & Green Foil consumables Recurring consumables line of UV varnishes (Eco Varnish) and hot foil stamping films (Green Foil) certified de-inkable and recyclable to the Ingede 11 standard. Includes a material recovery system that collects hot stamping waste for recycling into raw material for the plastics industry.

Quantifiable outcome

• 30% energy savings compared to conventional equipment
• +3 more outcomes

Named customers9 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• AltixcoreTechnology or Integration · 13 November 2023Strategic technological partnership announced at Productronica 2023 in Munich for the AltiJet industrial inkjet machine for printed circuit board market. Altix brings expertise in printed circuit boards while MGI contributes inkjet print engine expertise. Joint development of first digital solder mask and etch resist press.
• Konica MinoltaflagshipChannel Partner/ Reseller/ DistributorGlobal strategic partnership where Konica Minolta manages international distribution of MGI printing and embellishment presses worldwide. The MGI-Konica Minolta Alliance operates on a 3000m2 combined stand at Drupa. Joint product demonstrations and market presence at major industry events including Labelexpo, Online Print Summit, and others.
• FedrigoniminorOthersPaper partnership for certified substrates on AlphaJET equipment. Fedrigoni is one of several papermaking partners including RDM, Westrock, Mandeure, Torraspapel, and Eska.
• RDMminorOthersPaper partnership for certified substrates on AlphaJET equipment.
• WestrockminorOthersPaper partnership for certified substrates on AlphaJET equipment.
• TorraspapelminorOthersPaper partnership for certified substrates on AlphaJET equipment.
• EskaminorOthersPaper partnership for certified substrates on AlphaJET equipment.
• UPMminorOthersPaper supplier partnership for JETvarnish 3D Web 400 demonstrations on natural and synthetic papers, including UPM Forest eco-sourced PP.
• CeradropminorOthersMGI-Ceradrop facility in Limoges mentioned in careers page, suggesting integrated operations within the MGI Group.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Xeikon (Flint Group): Belgian manufacturer of digital label and packaging presses (Cheetah, TX500). Comparable as a direct peer in digital label and packaging printing equipment, serving the same converter customers as MGI.
• Duplo International: UK/Japan-based manufacturer of print finishing equipment including digital spot UV and foil systems, directly competing with MGI in commercial print finishing and selective varnish applications.
• Scodix: Israeli manufacturer of digital embellishment presses (Scodix Ultra, Ultra 2) for selective UV varnish and foil effects, the closest direct competitor to MGI's JETvarnish line in commercial print and packaging finishing.
• Leonhard Kurz: German specialist in hot foil stamping and Digital Metal technology. Kurz competes with MGI's hot foil stamping capabilities and is a key foil supplier and adjacent equipment developer in the same finishing value chain.

Broad incumbents

• Bobst Group: Swiss broad-line supplier of packaging printing and converting equipment (Master, Mouvent digital inkjet). Comparable as a broad incumbent in label and packaging finishing and converting, adjacent to MGI's embellishment offering.
• Durst Group: Italian industrial inkjet press manufacturer (Tau, Delta, Alpha series) serving labels, packaging, and ceramics. Comparable as an industrial inkjet competitor and supplier of broad production-press solutions overlapping with AlphaJET.
• HP (Industrial Print): HP Indigo and HP PageWide industrial presses serve commercial print and packaging converters. Comparable as a broad incumbent with much greater scale in digital production printing where MGI competes and partners.
• Agfa-Gevaert (Inkjet): Agfa manufactures industrial inkjet presses (Jeti Tauro, Onset) for sign, décor, and packaging. Comparable as a broad incumbent offering digital inkjet production solutions overlapping with MGI's commercial and packaging markets.
• Fujifilm (Industrial Inkjet): Fujifilm offers industrial inkjet printheads and presses (Jet Press, Acuity B1) used across commercial print and packaging. Comparable as a large-scale incumbent offering overlapping inkjet technology and broader solutions.
• Canon Production Print: Canon's production print portfolio (imagePRESS, varioPRINT) targets commercial print and packaging converters. Comparable as a broad incumbent with overlapping digital production-press technology and a global enterprise sales channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mgi-digital-technology
• Facebookfacebook.com/MGIDigitalTechnology
• Xx.com/MGI_HQ

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A2 records

Investments1 record

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

Frequently asked questions about MGI Digital Technology