Mangels Industrial

What Mangels Industrial does

Mangels Industrial S/A is a Brazilian industrial manufacturer founded in 1928 in São Bernardo do Campo, originally producing galvanized buckets before pivoting in 1938 to become a pioneer in LPG cylinder manufacturing in Brazil. Today the company operates four core product lines — aluminum wheels for passenger, commercial, recreational and motorcycle vehicles; LPG cylinders in capacities from 2 kg to 190 kg; air reservoirs for truck, bus, agricultural and railway brake systems (in production since 1965 at the request of Mercedes-Benz Caminhões e Ônibus); and steel cutting/bending services via its Centro de Serviços de Aços (CSA). It serves 90% of Brazilian automakers with aluminum wheels and supplies major LPG distributors and bottling companies across Brazil. The company also runs the Centro de Destroca cylinder exchange center in Araucária and exports to South America, Europe, the Middle East and Australia, with a Miami sales office supporting North American market development.

The company manufactures LPG cylinders using clipped tag technology (the first and only Brazilian producer to do so), and has invested in new pickling and phosphatizing lines and new leak-tightness testing for air tanks. Manufacturing is anchored in Três Corações, Minas Gerais (since 1975, with steel and wheels also produced there), supported by the CSA steel service center in Manaus (since 2008) serving the Manaus Free Trade Zone — notably Moto Honda da Amazônia, a customer of nearly 40 years — and a corporate headquarters in São Bernardo do Campo. The company is publicly incorporated (sociedade anônima) and trades under ticker BVMF:MGEL4, with headcount in the 1,001–5,000 range.

Mangels generates revenue primarily through B2B OEM supply contracts (quote-based, multi-year) with automotive manufacturers (Honda, Nissan, Hyundai, VW, Toyota, Mitsubishi/Suzuki/HPE) and heavy-vehicle manufacturers (Mercedes-Benz), complemented by direct LPG cylinder supply to Brazilian gas distributors, steel processing fees via CSA, and a smaller direct-to-consumer e-commerce channel (loja.mangels.com.br) selling aftermarket motorcycle wheels and limited-edition commemorative aluminum wheels to consumers. Consumer e-commerce pricing is publicly disclosed (R$1,200 for a Jolly motorcycle wheel kit, R$1,850 for 90th anniversary commemorative wheels), while B2B pricing is not publicly available. Distribution spans direct OEM field sales, distributor networks, cylinder exchange partnerships, steel service centers, and international export channels.

Name

Mangels Industrial

Legal name

Mangels Industrial S/A

Website

https://mangels.com.br

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mangels Industrial is a Brazilian manufacturer founded in 1928 producing aluminum wheels for 90% of domestic automakers, LPG cylinders, air reservoirs for heavy vehicles, and processed steel. It serves major automotive OEMs and gas distributors across Brazil and international markets.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Brake System Manufacturing (336340), Motor Vehicle Brake System Manufacturing (33634), Motorcycle, Bicycle, and Parts Manufacturing (336991)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013), Motorcycles, Bicycles & Parts (3751), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Hydraulic Brake Systems (Master Cylinders/Calipers/Lines/Boosters) (IMACAIAD)

akta.pro secondary industries

Passenger Vehicle Fuel System Manufacturing (ICE) (IMACAAAH), Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC), Pneumatic Air Preparation & Distribution (FRL assemblies, manifolds, air headers) (IMAHAGAD)

Keywords

• Aluminum wheel manufacturing
• LPG cylinder production
• Automotive OEM supplier
• Air tank fabrication
• Steel service center

Headquarters

HQ city

Três Corações

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Aluminum Wheels: Design, manufacture and sale of aluminum wheels for passenger vehicles, light commercial vehicles, recreational vehicles, trailers, and motorcycles. Primary revenue driver with 90% market coverage of Brazilian automakers.
2. LPG Cylinders: Manufacturing and sale of LPG cylinders in capacities ranging from 2kg to 190kg, serving domestic, commercial, and industrial markets. Sizes include traditional P13 and robust P45 models.
3. Air Reservoirs/Tanks: Production of air reservoirs for brake systems in trucks, buses, agricultural machinery, road implements, and railway wagons. Serves heavy vehicle manufacturers including Mercedes-Benz.
4. Steel Service Center (CSA): Processing and distribution of hot-rolled, cold-rolled, and galvanized coils, as well as strips and blanks for stamping, cutting, and bending processes. Serves automotive, motorcycle, white and brown goods, and metal packaging markets.
5. Consumer E-commerce: Direct-to-consumer sales of aftermarket motorcycle wheels and commemorative aluminum wheels through online store (loja.mangels.com.br). Products include Jolly motorcycle wheel kits (R$1,200) and commemorative 90-year anniversary wheels (R$1,850).
6. Centro de Destroca (Cylinder Exchange): Specialized exchange center service for LPG cylinders, operating in collaborative partnership with gas distributors in Araucária, Paraná. Manages organized exchange and return of cylinders categorized by brand.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Mangels Industrial manufactures aluminum wheels, LPG cylinders (2kg-190kg), air reservoirs for brake systems, and operates a steel service center providing processed coils, strips and blanks. The company also runs a cylinder exchange center (Centro de Destroca) for LPG distribution support and operates a consumer e-commerce storefront for aftermarket motorcycle and commemorative wheels.

Product overview

Mangels Industrial is a Brazilian manufacturing company founded in 1928 offering a diversified portfolio of steel and aluminum products for automotive, industrial, and energy sectors. The company operates as a single unified manufacturer offering four core product lines: Aluminum Wheels (Rodas de Alumínio), LPG Cylinders (Cilindros para GLP), Air Tanks (Reservatórios de Ar), and Steel Cutting/Bending Services (Corte e Dobra de Aço). Supporting these core products are service centers including the Steel Service Center (Centro de Serviços de Aços) in Manaus and the Exchange Center (Centro de Destroca) in Araucária for cylinder management. The company also offers specialty consumer products including motorcycle wheels and commemorative wheels through its e-commerce store. Mangels serves major automakers, gas distributors, and industrial customers across Brazil and international markets including South America, Europe, Middle East, and Australia.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminum Wheels (Rodas de Alumínio)

Quantifiable outcome

• Delivers cylinders for nearly 100% of Brazilian households and businesses with LPG access
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Moto Honda da AmazôniacoreStrategic or Co-development Partner · 1 January 2025Nearly 40-year strategic partnership supplying aluminum wheels for motorcycles. Mangels operates its own factory in Manaus to serve Honda's production. Celebrated Honda's milestone of 30 million motorcycles produced in Brazil. Shared commitment to innovation, durability, and technology.
• AutoData (Congresso Perspectivas e Tendências)minorGTM or Marketing Partner · 1 January 2025Participation in AutoData Congress Perspectivas e Tendências 2025, Brazil's largest automotive industry conference. CEO Ivan Ciruelos, Commercial Director Carlos Barciella, and Head of Marketing Solange A. participated in all conference panels.
• IMT Mauá (Instituto Mauá de Tecnologia)minorStrategic or Co-development Partner · 1 January 2025Collaborative project challenging students to create new aluminum wheel designs. Professor Ana Paula Scabello Mello coordinated the project. Students developed innovative wheel concepts with industry mentorship. Awarded winning project teams.
• IED Brasil (Istituto Europeo di Design)minorStrategic or Co-development Partner · 1 January 2025Creative project at IED Brasil resulting in workshop on LPG cylinder customization. Led by Professor Graziela Nivoloni with artist Thiago Carlini. Transformed cylinders into art pieces celebrating Brazilian culture.
• YPF (Argentina energy company)minorStrategic or Co-development Partner · 1 January 2025Technical visit to YPF with industry leaders to explore energy market innovation. Participated alongside Brazilian LPG sector professionals to discuss market development.
• AIGLP (Asociación Iberoamericana de Gas Licuado de Petróleo)minorGTM or Marketing Partner · 1 January 2025Participation in 39th AIGLP Congress during Liquid Gas Week 2025 in Buenos Aires, Argentina. Reinforces partnership and presence in the LPG sector.
• AAPEX (Automotive Aftermarket Products Expo)minorGTM or Marketing Partner · 1 January 2024Participation in AAPEX 2024 in Las Vegas, one of the most relevant global automotive aftermarket events. CEO Ivan Ciruelos and marketing specialist Odillon Pederiva Piassa represented Mangels at the booth, strengthening international market presence.
• FenatranminorGTM or Marketing Partner · 1 January 2024Participation in Fenatran 2024, Latin America's largest heavy truck and cargo fair. Commercial Director José Luis Viana attended to review partner innovations and develop future partnerships.
• BMW (Munich headquarters visit)minorStrategic or Co-development Partner · 1 January 2024Strategic visit to BMW headquarters in Munich to understand global market trends and meet needs of increasingly demanding consumers. Part of ongoing innovation pursuit.
• Stock Car Pro SeriescoreGTM or Marketing Partner · 1 January 2023Official aluminum wheel supplier for Stock Car Pro Series since 2023. Exclusive supplier relationship bringing brand visibility to motorsport audiences and demonstrating high-performance credentials.

Scale indicators11 records

Recent moves11 records

Expansion highlights3 records

Direct peers

• Iochpe-Maxion: Brazilian-listed manufacturer of automotive wheels and structural components supplying global OEMs; directly comparable to Mangels' aluminum wheel business and similar OEM customer base including truck and passenger vehicle manufacturers.
• Tupy S.A. Brazilian iron and steel component manufacturer serving truck, commercial vehicle, and industrial OEMs, with a similar Brazilian-listed profile and tier-1 supplier positioning analogous to Mangels' air reservoir business supplying Mercedes-Benz trucks.
• Frasle Mobility: Brazilian auto parts manufacturer with mobility, brake, and powertrain components serving similar OEMs in South America; comparable to Mangels in commercial vehicle component supply and Brazilian industrial OEM relationships.
• Worthington Industries: Global pressure cylinder and steel processor serving LPG, industrial gas, and automotive markets; directly comparable to Mangels' LPG cylinder and steel service center product lines.
• Fischer S/A: Brazilian auto parts manufacturer with motor vehicle components and OEM supply structure comparable to Mangels' OEM-embedded model in Brazil.

Broad incumbents

• Maxion Wheels: World's largest wheel manufacturer producing steel and aluminum wheels for passenger and commercial vehicles globally; directly comparable to Mangels' aluminum wheel product line and serves overlapping global OEM customers.
• Mahle Metal Leve: Global Tier-1 automotive supplier with significant Brazilian operations delivering components to the same automakers Mangels serves; a broader incumbent with overlapping commercial vehicle and passenger vehicle supplier relationships.
• Randon S.A. Implementos e Participações: Brazilian trailer, truck body, and auto parts conglomerate serving commercial vehicle OEMs and aftermarket; comparable to Mangels' commercial vehicle air reservoir business and Brazilian heavy vehicle customer overlap.

Emerging players

• Enkei Corporation: Japanese aluminum wheel manufacturer serving motorcycle and automotive OEMs worldwide; comparable to Mangels' motorcycle and passenger vehicle aluminum wheel business with similar OEM customer profiles.
• Guala Dischi: European aluminum wheel producer supplying passenger vehicle OEMs; comparable to Mangels as a focused aluminum wheel specialist competing for global OEM wheel business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mangels
• Instagramlinktr.ee/mangels.br

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Mangels Industrial