Inission Munkfors AB
Inission Munkfors AB is a 32-employee Swedish electronics and mechanics contract manufacturer and subsidiary of Nasdaq Stockholm-listed Inission AB, offering full-lifecycle EMS from development through volume production and maintenance to industrial, medtech, defense, electrification, maritime, and audio customers.
- Company typePublic
- Founded2007
- HeadquartersBorås, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Inission Munkfors AB does
Inission Munkfors AB is a Swedish operating subsidiary within the Inission Group, a Nasdaq Stockholm Main Market-listed electronics manufacturing services (EMS) holding company. The entity operates as a contract manufacturer offering a full-service suite spanning hardware and software development, electronic and mechanical prototyping, industrialization (including test development, tooling, fixtures, work instructions, supply-chain setup, and logistics), electronics manufacturing, sheet metal and mechanical fabrication, box build assembly, and product maintenance services covering lifecycle, obsolescence, and repair/refurbishment. The 32-employee Munkfors unit sits within a multi-factory platform that includes sister sites Inission Borås (Sweden), Inission Løkken AS (Norway), and Inission Tunis (Tunisia).
The company sells on a B2B, sales-led basis to enterprise customers across six primary verticals: industrial, medtech, defense, electrification, maritime/offshore, and audio. Pricing is quote-based, negotiated per project, and not publicly disclosed. Revenue is generated through a mix of hardware sales (electronics and mechanics manufacturing) and professional/managed services (development, industrialization, product maintenance). The broader Inission Group has executed a deliberate geographic and capacity expansion strategy in 2025–2026, opening two new factories (Tunis in May 2025 and Borås in July 2025), forming a robotics partnership with InMind AS (May 2026), and consolidating its Norwegian entity via a minority-stake buyout (June 2026).
Inission Munkfors AB is governed under the parent Inission Group, with its Swedish domicile, public-company status, and regulatory standing tied to Inission AB (publ). The company's value proposition rests on integrated end-to-end capability, regulatory compliance for medtech and defense customers, and a Nordic-plus-North-Africa footprint that enables cost-flexible production.
Inission Munkfors AB firmographics
Firmographics- Name
- Inission Munkfors AB
- Legal name
- Inission AB
- Website
- https://inission.se
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Inission Munkfors AB is a 32-employee Swedish electronics and mechanics contract manufacturer and subsidiary of Nasdaq Stockholm-listed Inission AB, offering full-lifecycle EMS from development through volume production and maintenance to industrial, medtech, defense, electrification, maritime, and audio customers.
- Ownership category
- akta.pro rank
Inission Munkfors AB industry classification
Industry- Product category
- Electronics Manufacturing Services (EMS)
- NAICS
- Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418)
- SIC
- Electronic Components, Nec (3679), General Industrial Machinery & Equipment, Nec (3569)
- akta.pro primary industry
- PCB Assembly (PCBA/EMS) (HDAHAOAI)
Keywords
Where Inission Munkfors AB is headquartered
LocationHeadquarters
- HQ city
- Borås
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Inission Munkfors AB business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
Revenue model
- Electronics Manufacturing Services: Full-service manufacturing of electronic assemblies including PCB assembly, testing, and quality assurance for industrial, medtech, defense, and other sectors.
- Mechanical Manufacturing Services: Precision sheet metal manufacturing and mechanical fabrication services including tools, fixtures, and custom mechanical components.
- Development Services: Hardware and software development, design for manufacturing, test development, and prototype services.
- Industrialization Services: Transition support from prototype to production including supply chain setup, logistics, distribution, and work instruction development.
- Product Maintenance Services: Lifecycle management, obsolescence management, and repair/refurbish services for manufactured products.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Inission Munkfors AB product offering
Product offeringCore offering
Inission Munkfors AB is a full-service electronics and mechanics contract manufacturer offering end-to-end services from development and prototyping through industrialization, electronics manufacturing, mechanics manufacturing, box build assembly, and product lifecycle maintenance. Operating as part of the publicly listed Inission Group (Nasdaq Stockholm Main Market), it manufactures PCB assemblies, precision sheet metal components, and complete box build products for industrial, medtech, defense, electrification, maritime/offshore, and audio customers.
Product overview
Inission is a full-service electronics and mechanics contract manufacturer offering a comprehensive suite of services from idea stage through volume production and product maintenance. The portfolio includes Development Services (hardware/software development, design for manufacturing, test development), Prototypes (electronic and mechanical prototypes), Industrialization (test development, tools & fixtures, supply-chain setup, logistics), Electronics Manufacturing, Mechanics Manufacturing, Box Build services, and Product Maintenance (lifecycle/obsolescence management, repair & refurbish). The company operates factories in Sweden (Munkfors, Borås), Norway (Løkken), and Tunisia, serving industrial, medtech, defense, electrification, maritime/offshore, and audio sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Services Hardware and software development, design for manufacturing, and test development services that help customers realize product visions from concept to production-ready design. Targeted at OEMs needing engineering support alongside manufacturing.
- Prototypes Electronic and mechanical prototype development services for early-stage product validation and testing before mass production. Used by OEMs to verify designs prior to industrialization.
- Industrialization Production readiness services including test development, tools and fixtures creation, work instructions, supply-chain setup, and logistics and distribution. Bridges the gap between prototype and full-scale manufacturing.
- Electronics Manufacturing Full-scale electronics manufacturing services for volume production of circuit boards and electronic assemblies. Serves industrial, medtech, defense, electrification, maritime/offshore, and audio OEMs.
- Mechanics Manufacturing Mechanical manufacturing services including precision sheet metal fabrication and mechanical assemblies. Used to produce custom mechanical components, tools, and fixtures for OEM customers.
- Box Build Complete box build services combining electronics and mechanical components into finished products and system solutions. Delivers fully assembled end products to OEM customers.
- Product Maintenance Lifecycle management, obsolescence management, and repair and refurbishment services that extend product lifespan and manage product retirement. Especially relevant for defense and industrial customers with long product lifecycles.
Companies that use Inission Munkfors AB
Customer profileSegments6 records
Ideal customer profiles6 records
Inission Munkfors AB technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Inission Munkfors AB partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- InMind AScoreInission Løkken AS and InMind AS entered a partnership for flexible robotics in production. Torgeir Trøite, CEO of InMind AS, represents the partnership. This collaboration integrates robotics capabilities into Inission's manufacturing operations to enhance production flexibility and efficiency.
Scale indicators1 record
Recent moves9 records
Expansion highlights5 records
Inission Munkfors AB competitors and assessment
Company assessmentDirect peers
- Hanza AB: Sweden-headquartered EMS with operations in Sweden, Estonia, and China, providing electronics and mechanics manufacturing to industrial, medtech, and cleantech customers. Closely matches Inission's full-service Nordic manufacturing profile.
- Scanfil Oyj: Finnish-listed EMS offering contract manufacturing and supply chain solutions to industrial, energy, and medtech customers with European and Asian production. Similar full-service EMS model with multi-vertical exposure.
- Kitron ASA: Norwegian EMS serving defense, aerospace, energy, and industrial customers across Europe, North America, and Asia. Comparable in Nordic footprint and regulated-vertical exposure.
- Cicor Technologies: Swiss-headquartered EMS group providing electronics and mechatronics manufacturing services to medical, industrial, and aerospace customers across Europe. Comparable in regulated end-markets and integrated mechatronics offerings.
- NOTE AB: Swedish-listed EMS provider offering PCB assembly, box build, and full product lifecycle services to industrial, medtech, and defense customers across the Nordics. Most direct comparable in scale, geography, and service offering to Inission.
Broad incumbents
- Jabil Inc. Worldwide EMS providing electronics design, manufacturing, and aftermarket services to automotive, healthcare, and industrial customers. Sets the global scale benchmark for the contract manufacturing space.
- Flex Ltd: Global tier-1 EMS offering design, manufacturing, and supply chain services across consumer, automotive, medical, and industrial. Represents the scale end of the EMS market and a benchmark for competitive pressure.
Regional players
- NCAB Group: Swedish-listed PCB sourcing and supply company serving industrial, automotive, and medtech customers in Europe. Adjacent in PCB supply chain but operates in sourcing rather than assembly.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Inission Munkfors AB social profiles
Digital presenceInission Munkfors AB financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inission Munkfors AB leadership team
Management profileNumber of profiles
Inission Munkfors AB subsidiaries and ownership
Company hierarchySubsidiaries5 records
Inission Munkfors AB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inission Munkfors AB 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 Inission Munkfors AB
What does Inission Munkfors AB do?
Inission Munkfors AB is a full-service electronics and mechanics contract manufacturer offering end-to-end services from development and prototyping through industrialization, electronics manufacturing, mechanics manufacturing, box build assembly, and product lifecycle maintenance. Operating as part of the publicly listed Inission Group (Nasdaq Stockholm Main Market), it manufactures PCB assemblies, precision sheet metal components, and complete box build products for industrial, medtech, defense, electrification, maritime/offshore, and audio customers.
Is Inission Munkfors AB a public or private company?
Inission Munkfors AB is a public company. It is classified as public and is currently operating.
When was Inission Munkfors AB founded?
Inission Munkfors AB was founded in 2007. It employs 11 to 50 people.
Where is Inission Munkfors AB based?
Inission Munkfors AB is headquartered in Borås, Sweden, in the Europe region.
How does Inission Munkfors AB make money?
Five revenue lines are on record. Electronics Manufacturing Services are the primary driver. The others are mechanical Manufacturing Services, development Services, industrialization Services and product Maintenance Services.
Who are Inission Munkfors AB's main competitors?
Direct peers on record are Hanza AB, Scanfil Oyj, Kitron ASA, Cicor Technologies and NOTE AB. Broad incumbents are Jabil Inc. and Flex Ltd. NCAB Group is listed as a regional player.
Does Inission Munkfors AB have an API?
No public API is recorded for Inission Munkfors AB.
What industry is Inission Munkfors AB in?
Inission Munkfors AB's product category is Electronics Manufacturing Services (EMS). Its primary akta.pro industry code is HDAHAOAI, PCB Assembly (PCBA/EMS). Its NAICS code is 334418 and its SIC code is 3679.