Mtech Group
Mtech Group is a Spanish engineering and manufacturing firm that designs, fabricates, and distributes electrical switchboards, metal enclosures, and substation and PV components for utilities, renewable energy developers, railway operators, and industrial clients across five continents.
- Company typePrivate
- Founded1999
- HeadquartersPinto, Spain
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Mtech Group does
Mtech Group is a privately held Spanish engineering and manufacturing company, founded in 1999 and headquartered in Pinto, Madrid, that designs, engineers, fabricates, and distributes electrical switchboards, metal enclosures, and specialized components for the energy, transport, industrial, and infrastructure sectors. Its core technology portfolio spans string boxes for photovoltaic installations (200,000+ manufactured), protection and control racks for medium and high voltage substations (5,000+ produced), auxiliary service cabinets, centralization boxes, and resistance units, plus turnkey photovoltaic and EV charging infrastructure solutions. The company reports participation in more than 25 GW of solar PV generation, 15,000+ km of railway electrification, and 15,000+ annual electrical assemblies, supporting claims of 250+ completed projects for 200+ clients across five continents.
The business operates through two consolidated divisions: Mtech Industrial, which focuses on electrical panel and metal enclosure design, engineering, manufacturing, and electrical material distribution; and Mtech Solutions, which delivers energy efficiency solutions including commercial and industrial PV installations, EV charging infrastructure, and MV/HV substation engineering. A proprietary product sub-brand, Alentronic, was refreshed in 2022. Mtech Group holds ISO 9001, ISO 14001, ISO 27001, ISO 50001, and UL 508A certifications, supporting both European and North American enterprise sales. Documented industrial partnerships include Power Electronics (PV tracker communication boxes) and Ormazabal (substation and energy distribution), embedding the firm in tier-1 OEM supply chains.
The revenue model is hardware-centric and project-driven: revenue is generated through one-time sales of engineered products and project-based engineering services, supplemented by electrical material distribution acting as an authorized distributor for major electrical brands. Pricing is quote-based and negotiated per project rather than publicly disclosed. The go-to-market is direct enterprise field sales targeting utilities, renewable energy developers, railway operators, and industrial companies, with supporting presence at industry events such as Genera and Intersolar and a multilingual corporate website (7+ languages). The company is privately held with no disclosed external funding rounds, no parent entity, and no public listing.
Mtech Group firmographics
Firmographics- Name
- Mtech Group
- Legal name
- Mtech Group
- Website
- https://mtechgroup.es
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Mtech Group is a Spanish engineering and manufacturing firm that designs, fabricates, and distributes electrical switchboards, metal enclosures, and substation and PV components for utilities, renewable energy developers, railway operators, and industrial clients across five continents.
- Ownership category
- akta.pro rank
Mtech Group industry classification
Industry- Product category
- Electrical Equipment Manufacturing
- NAICS
- Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (33531), Relay and Industrial Control Manufacturing (335314)
- SIC
- Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)
- akta.pro secondary industries
- Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK), Transmission & Distribution Line Equipment (Bushings, Insulators, Arresters, Conductors, Hardware) (IMAGAAAF), Engineering design services (line design, substation design, civil/structural) (EUADAKAG), Cables, Connectors & Electrical BOS Components Manufacturing (MV/HV, Subsea, Harnesses) (EUAMAHAK)
Keywords
Where Mtech Group is headquartered
LocationHeadquarters
- HQ city
- Pinto
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Mtech Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Product Manufacturing and Sales: Design, engineering, and fabrication of electrical switchboards and metal enclosures sold to energy, transport, and industrial clients. Also includes distribution of electrical material and components.
- Project-Based Engineering Services: Custom engineering and design services for photovoltaic installations, electric mobility charging infrastructure, and medium/high voltage substations. Revenue is project-driven and typically one-time per engagement.
- Electrical Material Distribution: Distribution of electrical material and equipment to clients, complying with the highest international standards. Acts as an authorized distributor for major electrical brands.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Mtech Group product offering
Product offeringCore offering
Designs, engineers, manufactures, and distributes electrical switchboards, metal enclosures, and electrical components for B2B clients. Through its Mtech Industrial and Mtech Solutions divisions and the Alentronic sub-brand, the company also provides photovoltaic (solar) solutions, electric vehicle charging infrastructure, and medium/high voltage substation engineering services to the energy, transport, and industrial sectors.
Product overview
Mtech Group operates as a comprehensive engineering and manufacturing company offering 360° solutions for the energy, transport, industry, and energy efficiency sectors. The company is organized into two main divisions: Mtech Industrial and Mtech Solutions. Mtech Industrial focuses on the design, engineering, and manufacturing of electrical control panels (including the Alentronic brand), metal enclosures, and electrical material distribution. Mtech Solutions drives energy efficiency through photovoltaic installations for large enterprises, electric vehicle charging infrastructure, and medium/high voltage substation engineering. The product portfolio also includes specialized components such as string boxes (over 200,000 manufactured), protection and control frames for substations (5,000+ units), auxiliary cabinets, and centralization boxes. The company leverages digital transformation and intelligent data management to support operational efficiency across all offerings.
Differentiator
Problem solved
Functional benefit
Brands
- Mtech Industrial: Specializes in design, engineering, and manufacturing of electrical panels and metal enclosures, as well as distribution of electrical material. Focused on innovative and high-quality solutions maximizing performance and reliability.
- Mtech Solutions
- Alentronic
Products and services
- String Boxes Electrical string boxes (combiner boxes for photovoltaic arrays) manufactured by Mtech Industrial under the Alentronic brand, intended for utility-scale solar generation projects operated by energy sector enterprises.
- Protection and Control Frames Medium/high voltage protection and control frames manufactured for substation and electrical infrastructure projects serving transport, energy, and industrial enterprise buyers.
- Auxiliary Cabinets Auxiliary electrical cabinets manufactured by Mtech Industrial under the Alentronic brand for use in medium/high voltage substation and electrical infrastructure installations.
- Medium/High Voltage Centralization Boxes Medium/high voltage centralization boxes manufactured by Mtech Industrial for aggregating and centralizing electrical connections in substation and industrial electrical infrastructure.
- Electrical Panel Manufacturing Custom electrical panel manufacturing service delivering engineered-to-order panels for industrial enterprise buyers requiring plant-specific electrical installations.
- Photovoltaic Solutions End-to-end photovoltaic (solar) engineering and installation services offered by Mtech Solutions for energy-sector enterprise clients developing renewable generation assets.
- Electric Mobility Infrastructure Electric vehicle charging infrastructure deployment service offered by Mtech Solutions for transport-sector operators, fleet operators, and public/commercial charging projects.
- Medium/High Voltage Substation Engineering Engineering service offered by Mtech Solutions to design and deliver medium/high voltage substations for energy, transport, and industrial clients.
- Electrical Material Distribution Distribution service offered by Mtech Solutions supplying electrical materials and components to industry customers.
- Energy Efficiency Solutions Energy efficiency solutions service offered by Mtech Solutions to industrial-sector clients seeking to optimize electrical energy use at their facilities.
Quantifiable outcome
- More than 25 GW of solar photovoltaic energy generated through projects using Mtech Group components
- +5 more outcomes
Companies that use Mtech Group
Customer profileSegments5 records
Ideal customer profiles3 records
Mtech Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Mtech Group partnerships and signals
Strategic signalScale indicators10 records
Recent moves7 records
Expansion highlights6 records
Mtech Group competitors and assessment
Company assessmentBroad incumbents
- ABB: Global Swiss-Swedish electrical equipment giant offering switchgear, substations, protection and control, and solar inverters across the full energy value chain. Overlaps heavily with Mtech Group's switchboard, substation, and PV BOS portfolio as part of a much broader portfolio.
- Legrand: French global specialist in electrical and digital building infrastructures, including enclosures, wiring devices, and industrial panels. Comparable to Mtech Group's electrical panel and metal enclosure manufacturing, but operating at global scale with a consumer-adjacent product mix.
- Schneider Electric: French multinational offering electrical distribution, industrial control panels, MV/LV switchgear, and energy management solutions. Directly comparable to Mtech Group's switchboards and substation work, but operates at vastly greater scale and brand recognition globally.
- Eaton: US-headquartered power management company manufacturing switchgear, motor control centers, and electrical panels for industrial and utility customers. Comparable to Mtech Group's panel and substation equipment focus, particularly relevant given Eaton's strength in UL-certified North American markets.
- Phoenix Contact: German manufacturer of industrial connectivity, automation, and power supply products for energy and infrastructure applications. Adjacent to Mtech Group's industrial control cabinets and PV BOS offerings, with much broader automation product portfolio.
- Siemens Smart Infrastructure: German conglomerate's smart infrastructure division covering switchgear, substations, building electrical systems, and grid software. Comparable to Mtech Group's substation, panel, and energy efficiency offerings as part of a much wider portfolio.
Emerging players
- SMA Solar Technology: German specialist in solar inverters and PV system technology, serving utility-scale and commercial solar projects worldwide. Adjacent comparable as a German-headquartered renewable electrical equipment player with similar PV project exposure but focused on inverters rather than BOS/switchgear.
Direct peers
- Rittal: German-headquartered global manufacturer of enclosures, power distribution, and climate control for industrial and electrical infrastructure applications. Directly comparable to Mtech Group's metal enclosure and electrical panel manufacturing core, with a much larger international footprint.
- Ormazabal: Spanish-based subsidiary of Velatia specializing in medium-voltage switchgear, protection and control equipment, and substation solutions. Closely comparable to Mtech Group's substation equipment and switchboard manufacturing, and notably named as an existing partner of Mtech.
- Ingeteam: Spanish electrical engineering company manufacturing power electronics, generators, motors, and PV/BOS equipment for renewable energy projects. Directly comparable to Mtech Group's PV string boxes, substations, and energy infrastructure focus, with similar Iberian origins and global renewable energy exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mtech Group social profiles
Digital presenceMtech Group compliance and trust
Trust signalCompliance5 records
Mtech Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mtech Group leadership team
Management profileNumber of profiles
Mtech Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mtech Group 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 Mtech Group
What does Mtech Group do?
Designs, engineers, manufactures, and distributes electrical switchboards, metal enclosures, and electrical components for B2B clients. Through its Mtech Industrial and Mtech Solutions divisions and the Alentronic sub-brand, the company also provides photovoltaic (solar) solutions, electric vehicle charging infrastructure, and medium/high voltage substation engineering services to the energy, transport, and industrial sectors.
Is Mtech Group a public or private company?
Mtech Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mtech Group founded?
Mtech Group was founded in 1999. It employs 101 to 250 people.
Where is Mtech Group based?
Mtech Group is headquartered in Pinto, Spain, in the Europe region.
How does Mtech Group make money?
Three revenue lines are on record. Product Manufacturing and Sales are the primary driver. The others are project-Based Engineering Services and electrical Material Distribution.
Who are Mtech Group's main competitors?
Broad incumbents on record are ABB, Legrand, Schneider Electric, Eaton, Phoenix Contact and Siemens Smart Infrastructure. SMA Solar Technology is listed as an emerging player. Direct peers are Rittal, Ormazabal and Ingeteam.
Does Mtech Group have an API?
No public API is recorded for Mtech Group.
What industry is Mtech Group in?
Mtech Group's product category is Electrical Equipment Manufacturing. Its primary akta.pro industry code is IMAGAEAA, Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards), with a secondary code of IMAHAHAK, Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation). Its NAICS code is 335313 and its SIC code is 3613.