MG Verktyg AB
MG Verktyg AB is a Swedish distributor of cutting, grinding, measuring tools, and saw blades serving the engineering and manufacturing industry, offering multi-brand supplies, custom tool manufacturing, and calibration services across Sweden.
- Company typePrivate
- Founded1997
- HeadquartersGothenburg, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingServices
What MG Verktyg AB does
MG Verktyg AB is a privately held Swedish industrial tool distributor founded in 1997 by Mattias Gustavsson and headquartered in Gothenburg. The company supplies cutting tools, grinding tools, measuring tools, and saw blades to the Swedish engineering and manufacturing industry, offering a consolidated multi-brand portfolio sourced from leading international suppliers including Seco, Walter, Renishaw, Mitutoyo, HAIMER, Schunk, Pferd, WEDCO, and WIKUS, alongside niche specialists such as Dümmel, MAQ, and Granlund Tools.
Its core offering combines standard catalog products with special/custom tool manufacturing and grinding services produced to customer drawings, complemented by calibration services for measuring tools and technical advisory on tool selection and process optimization. Distribution is multi-channel, encompassing a physical Gothenburg store stocking over 3,000 SKUs for immediate pickup, a regional sales office in Trollhättan, an in-house webshop, inside sales via phone and email, and field sales visits to engineering customers across Sweden. The company also operates the wholly owned subsidiaries Maxtool AB (Eskilstuna, acquired end of 2020) and Karlskoga Kalibreringsteknik AB / Kaltek (acquired 2022).
MG Verktyg is founder-owned, has held ISO 9001 and ISO 14001 certifications since 2017, and carries the AAA highest creditworthiness rating from Bisnode/Dun & Bradstreet. Its revenue model is product resale with unit-based pricing for standard tools and quote-based pricing for custom and special tools; no public revenue figure is disclosed. The company's stated scale is small (5 employees listed), with the named management and sales team collectively bringing approximately 100 years of industry experience in machining, CNC programming, and production engineering.
MG Verktyg AB firmographics
Firmographics- Name
- MG Verktyg AB
- Legal name
- MG Verktyg AB
- Website
- https://mg-verktyg.se
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MG Verktyg AB is a Swedish distributor of cutting, grinding, measuring tools, and saw blades serving the engineering and manufacturing industry, offering multi-brand supplies, custom tool manufacturing, and calibration services across Sweden.
- Ownership category
- akta.pro rank
Where MG Verktyg AB is headquartered
LocationHeadquarters
- HQ city
- Gothenburg
- HQ country
- Sweden
- HQ region
- Europe
Offices3 records
Markets served
MG Verktyg AB business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Tool and tooling product sales: MG Verktyg generates revenue through the direct sale of cutting tools (drills, milling cutters, reamers, indexable inserts, solid carbide tools), grinding tools (files, grinding wheels, grinding pins, abrasive belts), measuring tools (vernier calipers, micrometers, altimeters, dial indicators), and saw blades (bimetallic, carbide tipped, diamond coated, carbon steel bandsaw blades). Products are sold via physical store, webshop, phone/email orders, and field sales visits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard products from catalog |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
MG Verktyg AB product offering
Product offeringCore offering
MG Verktyg AB is a Swedish industrial tooling distributor that supplies cutting tools, grinding tools, measuring tools, and saw blades to engineering and manufacturing customers from a Gothenburg storefront, regional office in Trollhättan, and webshop. Beyond product distribution, the company offers special tool manufacturing to customer drawing, calibration services for measuring tools, and technical advisory delivered by its field and inside sales teams. Revenue is generated primarily through product sales of branded tools sourced from multiple international suppliers, complemented by value-added services.
Product overview
MG Verktyg AB is a complete supplier of quality tools for the Swedish engineering industry, offering a unified portfolio of cutting tools, grinding tools, measuring tools, and saw blades, supplemented by custom tool manufacturing, calibration services, and technical advisory services. The company operates as a single integrated offering combining physical products with professional services.
Differentiator
Problem solved
Functional benefit
Products and services
- Cutting Tools
Companies that use MG Verktyg AB
Customer profileSegments1 record
Ideal customer profiles1 record
MG Verktyg AB technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MG Verktyg AB partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered major, core and minor.
- Karlskoga Kalibreringsteknik AB (Kaltek)majorAcquired in 2022, broadening MG Verktyg's expertise and service offering, particularly in calibration services.
- Maxtool AB (Eskilstuna)majorAcquired at year-end 2020. Maxtool AB operated in the same target market as MG Verktyg (cutting, grinding, and measuring tools). The acquisition broadened MG Verktyg's product range and strengthened its presence in the Swedish market.
- Seco ToolscoreLeading supplier of cutting tools including a wide range of milling tools and inserts for most materials, plus turning inserts and hole machining tools. MG Verktyg distributes Seco's comprehensive product range.
- WaltercoreComplete provider of approximately 49,000 tools for milling, drilling, turning, and threading under five brands (Walter, Walter Titex, Walter Prototyp, Walter Valenite, Walter Multiply). Distributed by MG Verktyg.
- RenishawcoreWorld-leading company in precision measurement and additive manufacturing (metal 3D printing). Renishaw provides measuring systems and 3D printing solutions distributed through MG Verktyg.
- MitutoyocoreWorld-leading manufacturer of precision measuring equipment including micrometers, calipers, dial indicators, hardness testers, vision measuring systems, and 3D coordinate measuring machines. Distributed by MG Verktyg.
- HAIMERcoreFamily-owned company designing, manufacturing, and selling innovative high-precision products for cutting industry including tool holders, crimping and balancing machines, 3D sensors, solid carbide end mills, and Microset presetters.
- SchunkcoreOne of the world's largest manufacturers of automation components and tooling including grippers, clamping systems, vacuum systems, rotary devices, robot accessories, and custom-made tools. Distributed by MG Verktyg.
- PferdcoreLeading brand in development and manufacture of tool solutions for surface treatment and material cutting including files, rotary files, grinding wheels, flap wheels, grinding pins, industrial brushes, and sanding belts.
- DümmelcoreLeading company in carbide tool industry specializing in development and production of high-quality hard cutting tools for metalworking including Ultramini, Minicut, Mikromill, Minimill, and Rotaline systems.
- WEDCOcoreAustrian manufacturer producing over 50,000 HM precision tools per month. Standard series includes over 25,000 different cutters and drills, plus custom special tool development for quantities from 2 to series production.
- WIKUScoreGerman manufacturer of bandsaw blades known for highest precision and productivity. Offers wide range of belt widths, tooth shapes, reduction types and special designs for engineering applications.
- M.T. S.r.l.coreItalian designer and manufacturer of static and powered tool holders for CNC lathes. Product range includes over 10,000 items covering all prestigious lathe brands with tailor-made projects available.
- MAQcoreProvides Self-Tuning Mass Damper (STMD™) technology — an alternative to traditional vibration damping tools for CNC milling and turning that reduces machining vibrations.
- GreenleafcoreLeading developer of cutting tools and specialist in high-performance tungsten carbide and ceramic inserts plus innovative tool holders for optimal performance across a wide range of materials.
- Granlund ToolscoreWorld leader in precision cutting tools for niche areas of planing, countersinking, chamfering, and underplaning, plus reaming, drilling, and special tools suitable for modern and older machinery.
- BENZ ToolingcoreGlobal specialist in CNC technology and manufacturer of high-quality components and systems for tool and machine technology including spindles, angle heads, grinding units, and tool holders for turning and processing machines.
- Carl Bechem Scandinavia ABcoreSpecializes in special lubricants, industrial lubricants, metalworking oils, and reshaping technology adapted for the Swedish market. Products include Bechem Avantin 352S, Way Lubricant, and System Cleaner 50.
- IFK GöteborgminorOfficial partner of IFK Göteborg for 2026. Sports club sponsorship as part of local community engagement.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
MG Verktyg AB competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat4 records
Customer concentration
MG Verktyg AB social profiles
Digital presenceMG Verktyg AB compliance and trust
Trust signalCompliance3 records
MG Verktyg AB financial estimates
Financial estimateRevenue estimate
Valuation estimate
MG Verktyg AB leadership team
Management profileNumber of profiles
Profiles6 records
MG Verktyg AB subsidiaries and ownership
Company hierarchySubsidiaries2 records
MG Verktyg AB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MG Verktyg 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 MG Verktyg AB
What does MG Verktyg AB do?
MG Verktyg AB is a Swedish industrial tooling distributor that supplies cutting tools, grinding tools, measuring tools, and saw blades to engineering and manufacturing customers from a Gothenburg storefront, regional office in Trollhättan, and webshop. Beyond product distribution, the company offers special tool manufacturing to customer drawing, calibration services for measuring tools, and technical advisory delivered by its field and inside sales teams. Revenue is generated primarily through product sales of branded tools sourced from multiple international suppliers, complemented by value-added services.
Is MG Verktyg AB a public or private company?
MG Verktyg AB is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MG Verktyg AB founded?
MG Verktyg AB was founded in 1997. It employs 1 to 10 people.
Where is MG Verktyg AB based?
MG Verktyg AB is headquartered in Gothenburg, Sweden, in the Europe region.
How does MG Verktyg AB make money?
One revenue line is on record: tool and tooling product sales.
Does MG Verktyg AB have an API?
No public API is recorded for MG Verktyg AB.