MGT Stone

What MGT Stone does

MGT Stone Co is a privately-held Iranian natural stone quarry owner, manufacturer, and exporter founded in 2004 and headquartered in Tehran, Iran. The company operates more than 10 owned quarries across Iran—including signature sources such as Maran White Travertine (since 2005), Royal Black Marble, Hesar Black Travertine (since 2020), Hesar Titanium Travertine, and Marjan Silver Travertine—giving it captive control of premium raw materials. It produces a comprehensive catalogue of natural stones including marble (66 varieties), travertine (19 varieties), onyx (24 varieties), limestone (3 varieties), granite (12 varieties), and an array of processed products such as waterjet tiles, countertops, cubic stone, carved stone, and mosaics, offered in over 400 formats and surface finishes.

The business is vertically integrated from quarrying through cutting, polishing, finishing, packing, and warehousing, with reported monthly production capacity exceeding 30,000 square meters. MGT exports to approximately 70 countries across the Americas, Middle East, Europe, Central Asia, and the Far East, targeting B2B buyers including project owners and developers, stone manufacturers and processors, international importers and distributors, and architects and designers. Go-to-market is primarily direct enterprise sales supported by the company website (with a quote-based pricing model), an active social media presence across Facebook, Instagram, LinkedIn, Pinterest, and YouTube, quarry/factory tour invitations, and recurring participation in more than 11 international stone fairs (Marmomac, Xiamen, Vitória, Coverings, Middle East Stone, Moscow, Istanbul, Stona, etc.).

MGT claims 500+ loyal customers and operates with 51-100 employees. Revenue is generated through one-time sales of stone blocks, slabs, tiles, and fabricated products with quote-based, project-driven pricing rather than published unit pricing. The company recently launched Mareno Stone, a separate ready-stock and fast-delivery concept, indicating a partial pivot toward inventory-based fulfillment for time-sensitive buyers. Leadership consists of CEO Ebrahim Mirzaei, with no evidence of external institutional investment, PE/VC backing, or public-market listing.

Name

MGT Stone

Legal name

MGT Stone Co.

Website

https://mgtstoneco.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

MGT Stone Co is a privately-held Iranian natural stone quarry owner, manufacturer, and exporter founded in 2004, operating 10+ owned quarries and producing 150+ stone products in 400+ formats for B2B project owners, processors, and international importers across approximately 70 countries.

Ownership category

akta.pro rank

Product category

Natural Stone Manufacturing

NAICS

Dimension Stone Mining and Quarrying (212311), Stone Mining and Quarrying (21231)

SIC

Cut Stone & Stone Products (3281), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Marble Quarrying & Dimension Stone Fabrication (IMAKAHAE)

akta.pro secondary industries

Other Dimension Stone (Slate, Sandstone, Quartzite, Travertine) Quarrying & Fabrication (IMAKAHAF), Limestone Quarrying (Industrial & Construction Grade) (IMAKAHAC), Granite Quarrying & Dimension Stone Fabrication (IMAKAHAD)

Keywords

• Natural stone manufacturing
• Marble travertine onyx
• Stone export services
• Stone quarry operations
• Stone cut-to-size

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Natural Stone Export: MGT Stone Co generates revenue through the export and sale of high-quality Iranian natural stones including marble, travertine, onyx, limestone, and granite. Products are sold in various forms: blocks, slabs, tiles, and finished products. The company controls the entire value chain from quarrying to processing, finishing, and distribution. Customers include project owners, manufacturers, architects, and designers from over 70 countries.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

MGT Stone Co is a vertically integrated quarry owner, manufacturer, and global exporter of Iranian natural stones including marble, travertine, onyx, limestone, and granite. The company supplies blocks, slabs, and tiles in 400+ formats with multiple surface finishes to construction projects, stone manufacturers, architects, designers, and international importers across 70+ countries. A sub-brand, Mareno Stone, additionally provides ready-stock and fast-delivery stone products.

Product overview

MGT Stone Co is a leading Iranian natural stone company since 2004, operating as a quarry owner, manufacturer, and exporter. The company offers a comprehensive portfolio of natural stones including Marble (66 varieties), Travertine (19 varieties), Onyx (24 varieties), Limestone (3 varieties), Granite (12 varieties), and Additional Processed Products (29 products). Their operation spans from quarrying, cutting, processing, and finishing to packing and distributing stone blocks, slabs, and tiles. The company holds ownership of multiple quarries including Marjan Silver Travertine (Miandoab), Royal Black Marble, Hesar Titanium Travertine (Takab), Hesar Black Travertine, and Maran White Travertine. They provide various surface finishes and export to more than 70 countries. Their recent Mareno Stone initiative focuses on ready-stock and fast delivery for reduced waiting times.

Differentiator

Problem solved

Functional benefit

Brands

• Mareno Stone: A new ready-stock and fast-delivery concept launched by MGT Stone Co to reduce waiting time by offering wide range of natural stone (blocks, slabs, and tiles) all in one place.

Products and services

• Marble

Quantifiable outcome

• Exports to 70+ countries including America, the Middle East, Europe, Central Asia and Far East
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• MSI (M S International): MSI is a large North American distributor of natural stone (and other surfacing products) including marble, travertine, granite, and onyx sourced globally. It is a broad incumbent competitor to MGT in the distribution of stone to B2B buyers, though it sources from many quarriers rather than operating its own quarries.
• Daltile: Daltile is a major North American manufacturer and distributor of tile, stone, and related surfacing products, including natural stone slabs and tiles. It is a broad incumbent peer to MGT Stone Co, serving overlapping end markets in commercial and residential construction with stone products.

Direct peers

• Best Cheer Stone: Best Cheer Stone is a quarry owner and processor of marble and other natural stone, headquartered in China with global distribution. It is a direct competitor to MGT in the quarrying/processing/export of dimension stone for international construction and architectural projects.
• Levantina: Levantina is a Spanish multinational natural stone company that owns quarries and produces marble, limestone, and other stone products for global export. It is a direct competitor to MGT Stone Co, sharing the model of vertical integration from quarry ownership to international distribution of architectural stone.
• Salvatori: Salvatori is an Italian natural stone company specialising in premium marble, limestone, and travertine products for architecture and design. It is a direct peer to MGT in the high-end stone export market, sharing a focus on designer/architect channels and finished architectural stone products.
• Antolini Luigi & C. Antolini is a leading Italian processor and global distributor of natural stone, including marble, onyx, travertine, and quartzite. It is a direct peer to MGT Stone Co, sharing target customers (architects, designers, project owners) and a global B2B export model, though Antolini is more downstream-focused while MGT is more quarry-integrated.
• Polycor: Polycor is one of the world's largest natural stone manufacturers and quarriers, operating quarries and factories across North America and Europe. It is a direct competitor to MGT Stone Co in the quarrying, processing, and global export of dimension stone including marble, granite, and limestone for architectural applications.
• Temmer Marble: Temmer is a Turkish marble company that quarries, processes, and exports natural stone globally, including travertine, marble, and limestone. It is a direct peer to MGT Stone Co given the overlapping product portfolio (especially travertine, where Turkey is a major competitor to Iran) and similar global B2B export model.
• Tab Stone Iran: Tab Stone is an Iranian natural stone producer and exporter of marble, travertine, and other stone products. It is a direct domestic competitor to MGT Stone Co with comparable quarrying and export activities targeting similar international B2B buyers.

Regional players

• Tekmar Marble & Granites: Tekmar is a Turkish marble and granite quarrying and processing company exporting globally. It is a regional-peer competitor to MGT Stone Co, particularly relevant in travertine and marble where Turkey and Iran are the dominant global sources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC6KCAFCVTxn_V9XQ1bfHMTQ
• Facebookfacebook.com/MarjanGoldenTrading
• LinkedInlinkedin.com/company/marjangoldentrading
• Instagraminstagram.com/mgtstoneco
• Pinterestes.pinterest.com/mgtstoneco

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 MGT Stone