Oy Nimetech Ab

What Oy Nimetech Ab does

Ab Nimetech Oy (trading as Nimetech) is a Finnish CNC machining subcontractor founded in 1993 and headquartered in Malax, Finland. The company operates a 6,000 m² production facility equipped with five FMS (Flexible Manufacturing System) lines, seven robotic cells, a Juaristi 5-axis machining centre capable of handling workpieces up to Ø4.5m × 2.5m and 15 tonnes, plus horizontal machining centres and an Okuma Multus U4000 9-axis multitasking lathe. Nimetech produces small and medium-sized series in aluminium, cast iron, steel, and stainless steel (typically 5-50 parts per milling delivery and 20-200 parts per turning delivery), and offers end-to-end system deliveries covering procurement, machining, assembly, pressure testing/inspection, and delivery to manufacturing customers in the metal industry. A 24/7 automated production model is supported by ongoing capacity investments, with €2.6M committed for 2026 to expand the facility by an additional 1,340 m².

In parallel, Nimetech designs, manufactures, and sells its own branded Nimetech ST line of strapping cutting machines in four models (ST Light for plastic, ST-15-SP, ST-22-HD, and ST-40 for progressively heavier steel strapping), which the company developed to address internal waste-management needs and now sells externally through an exclusive four-country dealer network in Finland, Sweden, Estonia, and Germany. Revenue is generated through project-based CNC subcontracting contracts (one-off production batches and longer system delivery engagements) and through hardware sales of Nimetech ST machines via dealers; no public pricing is disclosed. The company reached €8.5 million in turnover in a record year (consistent with 2021 milestones) and has since continued to invest in automation, robotics, and sustainability infrastructure (geothermal heating, a 146 kW solar park installed in 2025).

Ab Nimetech Oy is privately held and bootstrapped, with no external investors, parent company, subsidiaries, or M&A activity disclosed. The senior team of approximately ten named operational contacts is led by CEO Niklas Sandqvist, who also heads sales. The company markets primarily through its multilingual website (nimetech.fi in English, Finnish, and Swedish) with standard web analytics tracking, and targets the manufacturing and metal industry in Finland plus selected European markets through its ST dealer network.

Name

Oy Nimetech Ab

Legal name

Ab Nimetech Oy

Website

https://nimetech.fi

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

CNC Machining Services

NAICS

Metalworking Machinery Manufacturing (33351), Machine Tool Manufacturing (333517)

SIC

Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541), Special Industry Machinery, Nec (3559)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industry

Welding, Fabrication & Field Machining Services (On-site) (IMAIACAD)

Keywords

• CNC machining services
• Metal industry subcontracting
• Strapping cutting machines
• FMS production lines
• System delivery manufacturing

Headquarters

HQ city

Malax

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. CNC machining subcontracting services: CNC milling and turning services for small and medium-sized series in aluminium, cast iron, steel, and stainless steel. Revenue is generated through one-time transactions per production batch based on customer specifications and volumes.
2. System deliveries: Complete end-to-end production from procurement and machining to assembly, testing, and delivery according to customer requirements. Represents higher-value project-based revenue.
3. Nimetech ST product sales: Sale of proprietary strapping cutting machines (ST Light, ST-15-SP, ST-22-HD, ST-40) through dealer network across Nordic and Baltic regions and Germany.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Nimetech is a Finnish CNC machining subcontractor that produces components in aluminium, cast iron, steel, and stainless steel for the metal industry. The company provides end-to-end production including CNC milling and turning, assembly, pressure testing and inspection, and complete system deliveries, plus manufactures and sells its own proprietary Nimetech ST line of strapping cutting machines. Operations run across five FMS lines and seven robotic cells in a 6,000 m² facility in Malax, Finland.

Product overview

Oy Nimetech Ab operates as a CNC machining company offering both manufacturing services and proprietary products. Their service portfolio includes CNC machining (milling and turning), assembly, pressure testing and inspection, and complete system deliveries for the metal industry. Their proprietary product line consists of the Nimetech ST strapping cutting machines, available in four models (ST Light, ST-15-SP, ST-22-HD, and ST-40) designed for cutting plastic and steel packaging straps into short lengths to improve workplace safety and recycling efficiency. The company operates highly automated production facilities with multiple FMS lines and robotic cells.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC Machining Services CNC milling and turning services for manufacturing components in aluminium, cast iron, steel, and stainless steel using modern CNC-controlled lathes, milling machines, and multi-operation machines. Series production capability: milling 5–50 parts per delivery and turning 20–200 parts per delivery. Target customers: manufacturing and metal industry companies needing outsourced precision components.
• Assembly Services Assembly of CNC-machined components into complete modules, ranging from full end-to-end product production to sub-assemblies per customer specifications. Welding and surface treatments are performed in close collaboration with trusted suppliers.
• Pressure Testing and Inspection Tough pressure testing and quality checks to ensure the highest level of tightness for components. Washing and deburring services also available.
• System Deliveries Full responsibility for the entire production chain from procurement and machining to assembly, testing, and delivery according to customer requirements. Represents a higher-value, project-based offering combining multiple Nimetech capabilities.
• Nimetech ST Light Smallest strapping cutting machine model designed exclusively for plastic strapping. Features a 550 W 3-phase motor with capacity for PET/PE/PP straps up to 25 × 2 mm, 16.9 m/min feed rate, and approximately 16 mm cut length. Compact design measuring 520 × 322 × 365 mm and weighing approximately 46 kg.
• Nimetech ST-15-SP Strapping cutting machine for steel strapping up to 19 mm and plastic strapping. Features 1.5 kW 3-phase motor with 27.5 m/min feed rate and approximately 61.5 mm cut length. Dimensions 730 × 450 × 530 mm, weight approximately 210 kg.
• Nimetech ST-22-HD Heavy-duty strapping cutting machine for steel strapping up to 32 mm wide × 1.2 mm thick, plastic strapping, and steel wire up to Ø5 mm. Features 2.2 kW 3-phase motor, weight approximately 245 kg.
• Nimetech ST-40 Maximum capacity strapping cutting machine for heavy-duty industrial applications. Features 4.0 kW + 0.12 kW 3-phase motor, adjustable feed rate up to 28 m/min, adjustable cut length, and 1,500 J cutting energy. Dimensions 1,350 × 650 × 600 mm, weight approximately 600 kg (665 kg with pedestal). Compliant with ISO 13857 safety requirements.

Quantifiable outcome

• 24/7 production capability through automated FMS lines and robotic cells
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• Oy Telepak AbcoreChannel Partner/ Reseller/ DistributorFinland-based distributor for Nimetech ST strapping cutting machines. Located in Espoo, Finland. Handles sales, quotes, and support for Finnish customers.
• Repak ABcoreChannel Partner/ Reseller/ DistributorSweden-based distributor for Nimetech ST products. Located in Lindome, Sweden. Handles sales and support for Swedish market.
• OÜ Pakkemeister HillmancoreChannel Partner/ Reseller/ DistributorEstonia-based distributor for Nimetech ST machines. Located in Harjumaa, Estonia. Handles sales and support for Estonian market.
• ALPINE – SABEL GmbHcoreChannel Partner/ Reseller/ DistributorGermany-based distributor for Nimetech ST products covering the rest of Europe. Located in Oberelbert, Germany. Handles sales and support for European markets outside Nordic/Baltic region.

Scale indicators11 records

Recent moves17 records

Expansion highlights4 records

Others

• Okuma: Japanese CNC machine tool manufacturer; Nimetech operates an Okuma Multus U4000 9-axis multitasking lathe. Functions as a supplier/enabler for Nimetech's machining capabilities with a shared customer base of industrial manufacturers.
• Mazak: Japanese CNC machine tool manufacturer with multi-axis machining centers and automation solutions. Functions as a supplier/enabler for CNC machining operations comparable to Nimetech's machinery park.

Broad incumbents

• Sandvik: Swedish engineering group providing metal cutting tools, mining equipment, and materials technology. Overlaps with Nimetech's metalworking customer base and shares exposure to Nordic industrial cyclicality as a broad industrial incumbent.
• SSAB: Swedish steel manufacturer producing high-strength steel for heavy machinery, construction, and industrial applications. Overlaps with Nimetech's Nordic industrial customer base and shares exposure to Nordic industrial demand cycles.
• Wärtsilä: Finnish marine and energy technology manufacturer producing engines and propulsion systems. Overlaps with Nimetech's Nordic industrial customer base and represents demand for precision-machined components at scale.
• DMG Mori: Global manufacturer of CNC machine tools including turning, milling, and multi-axis machining centers. Direct ecosystem relationship as Nimetech operates comparable equipment, and serves overlapping industrial customers worldwide.
• Metso: Finnish industrial machinery company producing equipment for mining, aggregates, and recycling industries. Overlaps with Nimetech's Nordic industrial customer base and represents a potential customer for high-precision machined components.

Direct peers

• Normek: Finnish industrial subcontractor producing steel structures, machined components, and welded assemblies. Comparable Nordic manufacturing subcontracting model serving industrial customers with end-to-end production capabilities.
• Componenta: Finnish metal industry company producing cast and machined components for heavy machinery manufacturers. Similar Nordic subcontracting model with focus on machined components and a shared customer base of industrial equipment OEMs.
• Etteplan: Finnish engineering and manufacturing services company providing CNC machining, design, and embedded systems solutions to industrial customers. Closely comparable business model combining subcontract CNC services with end-to-end engineering support for Nordic industrial OEMs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Oy Nimetech Ab