Bomatec
Bomatec AG is a Swiss magnet technology specialist (founded 1993) developing permanent magnets, SNAKELINE eddy-current-reduced magnets, sensors, and drive engineering solutions for automotive, medical, e-mobility, renewable energy, and factory automation customers, with manufacturing in Malaysia and offices across four countries.
- Company typePrivate
- Founded1993
- HeadquartersZürich, Switzerland
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Bomatec does
BOMATEC (Bomatec AG) is a Swiss magnet technology specialist founded in 1993 and headquartered in Höri, Switzerland, with wholly-owned subsidiaries in Malaysia (Klang, manufacturing), China (Ningbo, quality assurance), and Canada (Toronto, North American sales). The company develops and manufactures permanent magnets, magnet systems, magnetic sensors, and drive engineering solutions, serving five primary verticals: automotive, medical technology, e-mobility, renewable energy, and factory automation.
The product portfolio centers on sintered NdFeB magnets, plastic-bonded and compression-bonded NdFeB magnets, ferrite magnets, and proprietary SNAKELINE magnets — a serpentine-pattern wire-eroded design co-developed with Flensburg University that reduces eddy current losses by 30–50% versus conventional magnets. Supporting services span project management (including APQP/PPAP), engineering expertise and FEM simulation, supplier management with VDA 6.3 audits, identically equipped test laboratories in Switzerland, China, and Malaysia, logistics including JIT delivery and consignment warehousing, and serial production. HRE-free NdFeB grades address heavy rare-earth supply risk and Chinese export licensing exposure. The company holds IATF 16949:2016 (Malaysia), ISO 9001:2015, ISO 14001:2015, and TISAX certifications.
BOMATEC operates an enterprise B2B model with quote-based, project-specific pricing on multi-year contracts, sold through direct field sales across its four-country office network. Revenue is generated from hardware sales of magnets and assemblies, professional services (engineering, testing), and managed logistics. The company is owner-managed with no disclosed institutional investors or parent. Manufacturing is concentrated at the Malaysia facility (~270 employees, 40+ injection molding machines across two plants totaling >6,700 m²), with engineering, sales, and a primary test laboratory at Swiss headquarters. The company plans to nearly double Malaysian capacity via an adjacent property acquisition to add compression-bonded NdFeB production expected operational in H1 2027.
Bomatec firmographics
Firmographics- Name
- Bomatec
- Legal name
- Bomatec AG
- Website
- https://bomatec.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Bomatec AG is a Swiss magnet technology specialist (founded 1993) developing permanent magnets, SNAKELINE eddy-current-reduced magnets, sensors, and drive engineering solutions for automotive, medical, e-mobility, renewable energy, and factory automation customers, with manufacturing in Malaysia and offices across four countries.
- Ownership category
- akta.pro rank
Bomatec industry classification
Industry- Product category
- Industrial Permanent Magnets Manufacturing
- NAICS
- Other Electrical Equipment and Component Manufacturing (3359)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677)
- akta.pro primary industry
- Passive Components (Resistors, Capacitors, Inductors, Ferrites) (IMAGAJAA)
Keywords
Where Bomatec is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices4 records
Markets served
Bomatec business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Magnetic Products and Components: Sale of permanent magnets including sintered NdFeB, plastic-bonded magnets, ferrite magnets, compression-bonded magnets, and magnet assemblies. Products include standard and custom-designed magnets tailored to customer specifications.
- Engineering and Development Services: Technical consulting, feasibility studies, prototype development, FEM simulations, and material selection support. Includes project management from concept through production validation.
- Testing and Certification Services: Laboratory testing services for magnetic properties, environmental simulations, geometric testing, and material analysis. Includes test certificate generation per DIN EN 10204.
- Logistics and Supply Chain Services: Comprehensive logistics including direct delivery, just-in-time delivery, consignment warehousing, and safety stocks. Services include EXW, DDP, FCA delivery terms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Project-Based Pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Bomatec product offering
Product offeringCore offering
BOMATEC develops and manufactures permanent magnets (sintered NdFeB, plastic-bonded, compression-bonded, ferrite), magnet systems and assemblies, and magnetic sensors, complemented by engineering services spanning project management, FEM simulations, prototyping, supplier management, in-house testing laboratories, and just-in-time logistics. Its proprietary SNAKELINE technology uses serpentine wire-eroded patterns to cut eddy current losses in high-performance electric machines, and the company runs dedicated plastic-bonded magnet production in Malaysia serving automotive, medical technology, e-mobility, renewable energy and factory automation customers.
Product overview
BOMATEC is a Swiss technology company specializing in permanent magnets, magnet systems, sensors, and drive engineering with over 30 years of experience. The product portfolio centers on three main magnet types (SNAKELINE magnets for eddy current reduction, plastic-bonded/compression-bonded NdFeB magnets, and HRE-free sintered NdFeB magnets) complemented by magnet systems, assemblies, and sensors. The company operates a services-led model where magnet products are supported by comprehensive engineering services including project management, supplier management, test engineering/laboratories, logistics, and serial production. Key differentiators include the proprietary MAGNETON force calculation tool, SNAKELINE innovation for eddy current loss reduction, and a vertically integrated supply chain with mirrored laboratories in Switzerland, China, and Malaysia. The product offering spans automotive, medical technology, e-mobility, renewable energies, and factory automation sectors.
Differentiator
Problem solved
Functional benefit
Brands
- MAGNETON: Force calculation tool for calculating the holding force of magnets
Products and services
- SNAKELINE Magnets Proprietary permanent magnet design with a precision wire-eroded serpentine pattern that significantly reduces eddy current losses in high-speed and high-performance electric machines; used by automotive, e-mobility and industrial motor manufacturers seeking higher efficiency than laminated magnets without the cutting, stacking and gluing steps.
- BOMATEC MAGNETON Web-based force calculation tool that lets engineering users calculate the holding force of a magnet by entering parameters, with visualization of magnetic field distributions and force components for rapid magnet selection decisions.
- Plastic-Bonded NdFeB Magnets High-performance neodymium iron boron magnets produced using plastic injection molding technology, manufactured at BOMATEC Malaysia facility with IATF 16949, ISO 9001 and ISO 14001 certifications, for automotive, medical, e-mobility and industrial customers.
- Sintered NdFeB Magnets Traditional sintered neodymium iron boron permanent magnets with high magnetic performance, available in various grades including HRE-free options to address supply security and export control concerns for automotive, e-mobility and renewable energy customers.
- HRE-Free NdFeB Magnets High-performance sintered NdFeB magnets without heavy rare earth elements (Dy, Tb, Ho, Gd), developed to minimize supply chain risks, avoid export licensing barriers and implement sustainable product strategies without relying on critical raw materials.
- Compression-Bonded NdFeB Magnets Upcoming compression-bonded NdFeB magnet line at BOMATEC Malaysia, complementing existing plastic-bonded magnet and assembly production with material grades aligned to the existing portfolio.
- Magnet Systems and Assemblies Custom-designed magnet assemblies combining magnets with additional components, including adhesive bonding, coating applications and precision assembly for diverse industrial applications across automotive, medical, e-mobility, renewable energy and factory automation customers.
- Sensors Magnetic sensors and rotary sensors for industrial applications including automotive, medical technology and factory automation sectors.
- Project Management Services Central interface for customer requirements from proposals and pricing through technical feasibility and production coordination, including APQP, PPAP validation and global coordination across all BOMATEC production sites.
- Engineering Expertise Services Technical consultation including material selection, loss optimization, mechanical properties analysis and prototype development, featuring proprietary calculation tools co-developed with Flensburg University of Applied Sciences.
- Supplier Management Services Quality and supplier management including evaluation, qualification and development stages, encompassing VDA 6.3 audits, risk analyses and supply chain optimization for automotive and industrial customers.
- Test Engineering and Laboratories Services Identically equipped laboratories in Switzerland, China and Malaysia providing geometric testing, magnetic testing, environmental simulations and material testing, with batch-specific test reports per DIN EN 10204.
- Logistics Services Comprehensive logistics including direct delivery, just-in-time delivery, consignment warehousing and safety stocks, with worldwide delivery of identically quality-checked products from all production sites.
- Serial Production Services Full supply chain management for series production with Customer Order Management, demand planning and delivery route optimization, including EDI and customer portals for order coordination.
- Production Site Malaysia Manufacturing facility in Klang, Malaysia with over 40 injection molding machines across two facilities (Plant 1: >2,400 m², Plant 2: >4,300 m²) and approximately 270 employees, certified to IATF 16949, ISO 9001 and ISO 14001.
Quantifiable outcome
- Eddy current losses reduced through SNAKELINE technology
- +2 more outcomes
Companies that use Bomatec
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Bomatec technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Bomatec partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Kisling AGcoreCollaboration with adhesive specialist Kisling AG to develop comprehensive test matrix for adhesive-coating combinations. Validated test results for shear strength, tensile strength, thermal resilience, and long-term stability under various conditions. Enables clear recommendations for maximum adhesion.
- Flensburg University of Applied SciencescoreLong-standing R&D partnership for scientific investigation into eddy current losses in permanent magnets. Joint development of measuring devices for frequency-dependent eddy current losses and calculation/design tools for loss-optimized magnets. Partnership enables detailed 3D simulations and performance comparisons.
- TÜV RheinlandminorCertification body for ISO 9001:2015 accreditation of BOMATEC China. Annual audits for standard compliance.
- IntertekminorCertification body for IATF 16949:2016, ISO 9001:2015, and ISO 14001:2015 certifications for BOMATEC Malaysia.
- Research InstitutionscoreCollaborations with academic and research institutions for development of HRE-free NdFeB magnets and new magnetic material grades. Continuous innovation cycles for sustainable magnet solutions.
Scale indicators5 records
Recent moves10 records
Expansion highlights4 records
Bomatec competitors and assessment
Company assessmentDirect peers
- Bunting Magnetics: Bunting Magnetics manufactures magnetic separation equipment, magnet materials, and magnetic assemblies for industrial customers. Comparable in custom magnet assemblies and OE industrial supply.
- Arnold Magnetic Technologies: Arnold Magnetic Technologies is a global manufacturer of permanent magnets (NdFeB, SmCo, AlNiCo), magnetic assemblies, and precision thin metals. Closely comparable to BOMATEC across product portfolio, custom engineering, and industrial/automotive customer base.
- Adams Magnetic Products: Adams Magnetic Products is a US-based manufacturer and distributor of permanent magnets, assemblies, and magnetic separators serving industrial, automotive, and OEM customers. Comparable product breadth and custom engineering services.
- Dexter Magnetic Technologies: Dexter Magnetic Technologies designs and manufactures custom permanent magnets, magnetic assemblies, and magnetic solutions for medical, aerospace, and industrial markets. Directly comparable to BOMATEC's custom magnet and assembly business.
- Magnet Applications: Magnet Applications designs and produces custom magnet assemblies using bonded and sintered permanent magnets for industrial, automotive, and sensor applications. Directly comparable in custom magnet assemblies and material science focus.
Broad incumbents
- Proterial (formerly Hitachi Metals): Proterial is a leading Japanese manufacturer of high-performance sintered NdFeB magnets (NEOMAX) and other magnetic materials used in EV motors, industrial motors, and electronics. Comparable products and customers, but with much broader portfolio and scale.
- TDK Corporation: TDK is a global electronics leader producing neodymium magnets, ferrite magnets, and magnetic sensors for automotive, industrial, and consumer markets. Comparable presence in magnets and sensors, with significantly broader product portfolio.
- VACUUMSCHMELZE (VAC): VAC is a major European producer of advanced magnetic materials, including NdFeB, SmCo, and soft magnetic alloys, serving automotive, energy, and industrial markets. Comparable end-markets and proprietary materials, but at materially larger scale.
- Shin-Etsu Chemical: Shin-Etsu Chemical is one of the world's largest producers of rare-earth magnets, serving automotive, electronics, and industrial OEMs. Comparable product category but vastly larger scale and broader specialty chemicals portfolio.
Emerging players
- JL MAG Rare-Earth: JL MAG Rare-Earth is one of China's largest producers of sintered NdFeB magnets and bonded magnets, focused on EV motors, wind turbines, and industrial applications. Comparable products and end-markets, but with a different cost structure and scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Bomatec social profiles
Digital presenceBomatec compliance and trust
Trust signalCompliance5 records
Bomatec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bomatec leadership team
Management profileNumber of profiles
Profiles11 records
Bomatec subsidiaries and ownership
Company hierarchySubsidiaries3 records
Bomatec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bomatec 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 Bomatec
What does Bomatec do?
BOMATEC develops and manufactures permanent magnets (sintered NdFeB, plastic-bonded, compression-bonded, ferrite), magnet systems and assemblies, and magnetic sensors, complemented by engineering services spanning project management, FEM simulations, prototyping, supplier management, in-house testing laboratories, and just-in-time logistics. Its proprietary SNAKELINE technology uses serpentine wire-eroded patterns to cut eddy current losses in high-performance electric machines, and the company runs dedicated plastic-bonded magnet production in Malaysia serving automotive, medical technology, e-mobility, renewable energy and factory automation customers.
Is Bomatec a public or private company?
Bomatec is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bomatec founded?
Bomatec was founded in 1993. It employs 251 to 500 people.
Where is Bomatec based?
Bomatec is headquartered in Zürich, Switzerland, in the Europe region.
How does Bomatec make money?
Four revenue lines are on record. Magnetic Products and Components are the primary driver. The others are engineering and Development Services, testing and Certification Services and logistics and Supply Chain Services.
Who are Bomatec's main competitors?
Direct peers on record are Bunting Magnetics, Arnold Magnetic Technologies, Adams Magnetic Products, Dexter Magnetic Technologies and Magnet Applications. Broad incumbents are Proterial (formerly Hitachi Metals), TDK Corporation, VACUUMSCHMELZE (VAC) and Shin-Etsu Chemical. JL MAG Rare-Earth is listed as an emerging player.
Does Bomatec have an API?
No public API is recorded for Bomatec.
What industry is Bomatec in?
Bomatec's product category is Industrial Permanent Magnets Manufacturing. Its primary akta.pro industry code is IMAGAJAA, Passive Components (Resistors, Capacitors, Inductors, Ferrites). Its NAICS code is 3359 and its SIC code is 3677.