{"slug":"mettler-toledo","name":"메틀러 토레도","name_en":"Mettler-Toledo International Inc.","ticker":"MTD","updated_at":"2026-09-24T05:18:08.147301+00:00","canonical":"https://valuechain.wiki/mettler-toledo","citable":"밸류체인 그래프 기준 메틀러 토레도의 직접 연결 기업은 2곳(관계 기준 공급 0·매출 2)이고, 사슬을 2차까지 넓히면 8곳에 닿는다. 링크의 근거 출처는 9건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-09-24 기준).","citable_en":"Per the valuechain.wiki graph, Mettler-Toledo International Inc. is directly linked to 2 companies (0 supply, 2 revenue relationships) and reaches 8 companies within two hops; the links are backed by 9 dated sources, 2 of them primary filings (as of 2026-09-24).","kicker":"정밀 계측·검사 장비","kicker_en":"Precision measurement and inspection","lead":"메틀러 토레도는 제약·바이오, 식품, 화학 산업에 실험실 분석기기와 산업용 계량·검사 장비, 유지보수 서비스를 판매한다. 제품 생산에는 원재료와 전자부품이 들어가며, JAGGAER 조달 포털과 SAP 업무 시스템 같은 외부 소프트웨어 인프라도 사용한다.","lead_en":"Mettler-Toledo sells laboratory analytical instruments, industrial weighing and inspection systems, and maintenance services to pharmaceutical, biotechnology, food, and chemical customers. Its operations depend on raw materials and electronic components as well as third-party software infrastructure including the JAGGAER procurement portal and SAP business systems.","categories":[{"key":"industrial-sensing-test","ko":"산업 센싱·계측","en":"Industrial Sensing & Test","theme":"industrial-automation","theme_ko":"산업자동화·로봇","theme_en":"Industrial Automation & Robotics","theme_kind":"chain","primary":true}],"segments":{"parts":[{"name":"실험실","note":"FY2025 매출의 56%"},{"name":"산업","note":"FY2025 매출의 39%"},{"name":"소매","note":"FY2025 매출의 5%"}],"total":"FY2025 순매출 4,026,399,000달러","track":"C"},"segments_en":{"parts":[{"name":"Laboratory","note":"56% of FY2025 sales"},{"name":"Industrial","note":"39% of FY2025 sales"},{"name":"Retail","note":"5% of FY2025 sales"}],"total":"FY2025 net sales of $4,026,399,000"},"returns_yearly":{"2021":48.9,"2022":-14.8,"2023":-16.1,"2024":0.9,"2025":13.9,"2026":-3.5},"return_asof":"2026-09-04","value_chain":{"leading":[{"slug":"cvs-health","name":"CVS 헬스","name_en":"CVS Health","tier":3,"returns_yearly":{"2021":54.9,"2022":-7.6,"2023":-12.5,"2024":-40.8,"2025":84.3,"2026":24.7}},{"slug":"unitedhealth-group","name":"유나이티드헬스 그룹","name_en":"UnitedHealth Group Incorporated","tier":3,"returns_yearly":{"2021":45.2,"2022":6.9,"2023":0.8,"2024":-2.4,"2025":-33.1,"2026":21.9}},{"slug":"cardinal-health","name":"카디널 헬스","name_en":"Cardinal Health, Inc.","tier":2,"returns_yearly":{"2021":-0.4,"2022":54.1,"2023":34.1,"2024":19,"2025":76.3,"2026":21.1}},{"slug":"mckesson","name":"맥케슨","name_en":"McKesson Corporation","tier":2,"returns_yearly":{"2021":44.2,"2022":51.8,"2023":24.1,"2024":23.7,"2025":44.5,"2026":14.8}},{"slug":"walmart","name":"Walmart Inc","name_en":"Walmart Inc","tier":2,"returns_yearly":{"2021":2,"2022":-0.5,"2023":12.9,"2024":74,"2025":24.5,"2026":0.6}},{"slug":"cencora","name":"센코라","name_en":"Cencora, Inc.","tier":2,"returns_yearly":{"2021":44.1,"2022":26.3,"2023":25.3,"2024":10.4,"2025":51.5,"2026":-1.4}},{"slug":"hershey-company","name":"허쉬","name_en":"The Hershey Company","tier":2,"returns_yearly":{"2021":29.6,"2022":21.9,"2023":-17.9,"2024":-6.5,"2025":11,"2026":-2.7}},{"slug":"emart","name":"이마트","name_en":"E-mart Inc.","tier":2,"returns_yearly":{"2021":-18.4,"2022":-19.5,"2023":-25.3,"2024":-14.6,"2025":44.7,"2026":-21.1}},{"slug":"pfizer","name":"화이자","name_en":"Pfizer Inc.","tier":1,"returns_yearly":{"2021":66.7,"2022":-10.4,"2023":-41.3,"2024":-2.2,"2025":0.6,"2026":20.2}},{"slug":"nestle","name":"Nestlé","name_en":"Nestlé S.A.","tier":1,"returns_yearly":{"2021":22.1,"2022":-4.2,"2023":-9.3,"2024":-18.8,"2025":-1.8,"2026":11}}],"benefiting":[],"analysis":"정밀 계측·검사 장비 기업. 2026년 -3.5%다. 본주(-3.5%)와 수요단(평균 +15.6%)이 같은 보폭으로 움직인다. 연결 노드 중 가장 앞선 곳은 화이자(+20.2%), 가장 처진 곳은 네슬레(+11%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"Mettler-Toledo International Inc. operates across Precision measurement and inspection. It is -3.5% in 2026. The stock (-3.5%) and its demand side (avg +15.6%) are moving in step. Among connected nodes the furthest ahead is Pfizer Inc. (+20.2%) and the furthest behind is Nestlé S.A. (+11%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its operations depend on raw materials and electronic components as well as third-party software infrastructure including the JAGGAER procurement portal and SAP business systems.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"PendoTECH","counterparty_slug":null,"confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2021-03-24","basis":"PendoTECH 인수 초기 현금 지급액","value":185000000,"period":"2021","basis_en":"Initial cash payment for the PendoTECH acquisition","qualifier":null},"note":"메틀러 토레도는 2021년 일회용 바이오공정 센서·제어 시스템 업체 PendoTECH를 인수했다. 초기 현금 지급액은 1억8500만달러였고, 2025년 10-K도 2023년에 이 인수의 최종 조건부 대가 1000만달러를 지급했다고 재확인한다.","note_en":"Mettler-Toledo acquired single-use bioprocess sensor and control-system company PendoTECH in 2021. The initial cash payment was $185 million, and the FY2025 10-K further confirms that a final $10 million contingent payment was made in 2023.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회","publisher_en":"U.S. Securities and Exchange Commission","kind":"filing","lang":"en","published_at":"2026-02-06","url":"https://www.sec.gov/Archives/edgar/data/1037646/000103764626000011/mtd-20251231.htm","title":"Mettler-Toledo International Inc. Form 10-K for FY2025","title_en":"Mettler-Toledo International Inc. Form 10-K for FY2025","excerpt":"FY2025 10-K는 회사가 2023년에 PendoTECH 인수 관련 최종 조건부 대가 1000만달러를 지급했다고 기록한다.","excerpt_en":"In 2023, the final contingent consideration payment of $10.0 million was made relating to the PendoTECH acquisition."},{"stance":"confirms","publisher":"KPMG 스위스","publisher_en":"KPMG Switzerland","kind":"analysis","lang":"en","published_at":"2022-01-01","url":"https://assets.kpmg.com/content/dam/kpmgsites/ch/pdf/clarity-on-ma-sector-reports-2022.pdf","title":"Clarity on Mergers & Acquisitions 2022: Recap and outlook of the Swiss M&A landscape","title_en":"Clarity on Mergers & Acquisitions 2022: Recap and outlook of the Swiss M&A landscape","excerpt":"KPMG의 스위스 M&A 산업 보고서는 메틀러 토레도가 일회용 센서, 송신기, 제어 시스템과 소프트웨어 업체 PendoTECH를 인수한 거래를 확인한다.","excerpt_en":"Mettler-Toledo International meanwhile acquired Mayfair Technology (PendoTECH), the US-based manufacturer and distributor of single-use sensors, transmitters, control systems and software."},{"stance":"confirms","publisher":"PR Newswire","publisher_en":"PR Newswire","kind":"news","lang":"en","published_at":"2021-03-24","url":"https://www.prnewswire.com/news-releases/mettler-toledo-international-inc-announces-acquisition-of-pendotech-301255308.html","title":"Mettler-Toledo International Inc. Announces Acquisition of PendoTECH","title_en":"Mettler-Toledo International Inc. Announces Acquisition of PendoTECH","excerpt":"메틀러 토레도는 PendoTECH 인수를 완료했으며 인수 대가는 초기 지급 1억8500만달러와 최대 2000만달러의 조건부 대가라고 발표했다.","excerpt_en":"Mettler-Toledo completed the acquisition of PendoTECH; acquisition consideration includes a $185 million initial payment and contingent consideration of up to $20 million."},{"stance":"confirms","publisher":"미국 증권거래위원회","publisher_en":"U.S. Securities and Exchange Commission","kind":"filing","lang":"en","published_at":"2021-03-24","url":"https://www.sec.gov/Archives/edgar/data/1037646/000103764621000011/mtd-20210324.htm","title":"Mettler-Toledo International Inc. Form 8-K: Acquisition of PendoTECH","title_en":"Mettler-Toledo International Inc. Form 8-K: Acquisition of PendoTECH","excerpt":"메틀러 토레도는 완전자회사 Mettler-Toledo LLC가 Mayfair Technology LLC(d/b/a PendoTECH)를 인수했다고 8-K에 공시했다.","excerpt_en":"The Company announced the acquisition of Mayfair Technology Limited Liability Company, d/b/a PendoTECH, by Mettler-Toledo, LLC, a wholly-owned subsidiary of the Company."}]},{"direction":"cost","counterparty":"SAP","counterparty_slug":null,"confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2026-04-01","basis":"SAP 업무 시스템 및 Enterprise Support 비용","value":null,"period":"2026","basis_en":"SAP business systems and Enterprise Support cost","qualifier":"confirmed_no_disclosed_value"},"note":"메틀러 토레도는 SAP 시스템을 공급망 관리와 전자송장 업무에 사용하고 SAP Enterprise Support의 자문을 받는다. 공개 자료에는 사용료가 없다.","note_en":"Mettler-Toledo uses SAP systems for supply-chain management and e-invoicing and receives guidance from SAP Enterprise Support. Public materials do not disclose the fees paid.","sources":[{"stance":"confirms","publisher":"SAP","publisher_en":"SAP","kind":"ir","lang":"en","published_at":"2026-04-01","url":"https://www.sap.com/documents/2026/04/828b44b7-497f-0010-bca6-c68f7e60039b.html","title":"Mettler-Toledo: Ensuring a smooth and efficient implementation","title_en":"Mettler-Toledo: Ensuring a smooth and efficient implementation","excerpt":"SAP는 메틀러 토레도가 전자송장 구현 과정에서 Enterprise Support 자문을 받아 설정 오류와 핵심 업무 중단 위험을 줄였다고 소개한다.","excerpt_en":"SAP Enterprise Support provided guidance that was crucial in helping Mettler-Toledo make the correct choice, avoid potential configuration errors, and ensure a smooth and efficient implementation."},{"stance":"confirms","publisher":"메틀러 토레도","publisher_en":"Mettler-Toledo","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.mt.com/dam/HR/procurement/JAGGAER_supplier_assistance_May-2025.pdf","title":"JAGGAER Supplier Assistance: Guidance for Common Supplier Portal Issues","title_en":"JAGGAER Supplier Assistance: Guidance for Common Supplier Portal Issues","excerpt":"메틀러 토레도의 공급업체 안내서는 JAGGAER 주문 확인 인터페이스가 SAP로 연결되며, 공급망 관리 장애는 SAP 영역에서 처리된다고 설명한다.","excerpt_en":"The interface from JAGGAER to SAP is interrupted; MT users are directed to report the incident under the SAP Supply Chain Management area."}]},{"direction":"revenue","counterparty":"Nestlé","counterparty_slug":"nestle","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2006-04-01","basis":"Nestlé Suisse의 메틀러 토레도 장비 및 서비스 구매액","value":null,"period":"2006","basis_en":"Nestlé Suisse purchases of Mettler-Toledo equipment and services","qualifier":"confirmed_no_disclosed_value"},"note":"Nestlé Suisse의 바젤 공장은 메틀러 토레도의 적정기, 수분 분석기, 저울과 품질관리 시스템을 사용했고 DL22 식품 분석기를 추가로 구매했다. 메틀러 토레도는 FY2025에 단일 최종 고객이 매출의 1%를 넘지 않았다고 공시하므로, 이 관계는 고객 집중도가 아니라 확인 가능한 대표 도입 사례로 본다.","note_en":"Nestlé Suisse's Basel plant used Mettler-Toledo titrators, moisture analyzers, balances, and quality-control systems and purchased a DL22 food analyzer. Mettler-Toledo disclosed that no end customer exceeded 1% of FY2025 sales, so this is treated as a verifiable representative deployment rather than a customer concentration.","sources":[{"stance":"confirms","publisher":"메틀러 토레도","publisher_en":"Mettler-Toledo","kind":"ir","lang":"en","published_at":"2006-04-01","url":"https://www.mt.com/mt_ext_files/Editorial/Generic/8/SnackFood_0602_Editorial-Generic_1155026207001_files/SnackFood_News_2_en.pdf","title":"Snack Food News 2: Keeping Quality Standards High at Nestlé Suisse","title_en":"SnackNews 2: High Quality Standards at Nestlé Suisse","excerpt":"Nestlé Suisse 바젤 공장은 메틀러 토레도 장비를 사용하고 있으며, 일상 분석을 위해 DL22 식품 분석기를 구매했다.","excerpt_en":"Nestlé bought METTLER TOLEDO's new DL22 Food and Beverage Analyzer. Other instruments such as the DL50 Graphix have been used for years."}]},{"direction":"revenue","counterparty":"화이자","counterparty_slug":"pfizer","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"1999-04-01","basis":"화이자 계열사의 메틀러 토레도 검증 서비스 이용액","value":null,"period":"1999","basis_en":"Pfizer affiliates' use of Mettler-Toledo validation services","qualifier":"confirmed_no_disclosed_value"},"note":"메틀러 토레도의 검증 서비스 자료는 Pfizer Animal Health Canada와 Pfizer Ilaçlari를 해당 서비스를 사용한 제약 제조사로 제시한다. 공개된 계약 금액은 없으며 오래된 관계이므로 현재 매출 규모는 확인되지 않는다.","note_en":"Mettler-Toledo's validation-services material identifies Pfizer Animal Health Canada and Pfizer Ilaçlari among pharmaceutical manufacturers familiar with those services. No contract value is disclosed, and the historical evidence does not establish the current revenue contribution.","sources":[{"stance":"confirms","publisher":"메틀러 토레도","publisher_en":"Mettler-Toledo","kind":"ir","lang":"en","published_at":"1999-04-01","url":"https://www.mt.com/dam/mt_ext_files/Editorial/Generic/4/Validation_0x0002464400026a70000ba5f3_files/brochurevalidatione.pdf","title":"System Validation: A Helping Hand to Maintain Product and Process Quality","title_en":"System Validation: A Helping Hand to Maintain Product and Process Quality","excerpt":"자료는 메틀러 토레도의 검증 서비스를 이용한 제조사 명단에 Pfizer Animal Health Canada와 Pfizer Ilaçlari를 포함한다.","excerpt_en":"The following manufacturers are familiar with our validation services: Pfizer Animal Health, Canada; Pfizer Ilaçlari, Turkey."}]},{"direction":"cost","counterparty":"JAGGAER","counterparty_slug":null,"confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2025-05-01","basis":"JAGGAER 조달·공급업체 관리 플랫폼 비용","value":null,"period":"2025","basis_en":"JAGGAER procurement and supplier-management platform cost","qualifier":"confirmed_no_disclosed_value"},"note":"메틀러 토레도는 JAGGAER 클라우드 포털을 공급업체 등록, 구매주문 알림, 주문 확인과 공급업체 지원에 사용한다. 비용과 계약 조건은 공개하지 않았다.","note_en":"Mettler-Toledo uses the JAGGAER cloud portal for supplier registration, purchase-order notifications, order confirmation, and supplier support. Pricing and contract terms are not disclosed.","sources":[{"stance":"confirms","publisher":"메틀러 토레도","publisher_en":"Mettler-Toledo","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://www.mt.com/dam/HR/procurement/JAGGAER_supplier_assistance_May-2025.pdf","title":"JAGGAER Supplier Assistance: Guidance for Common Supplier Portal Issues","title_en":"JAGGAER Supplier Assistance: Guidance for Common Supplier Portal Issues","excerpt":"메틀러 토레도의 2025년 5월 공급업체 안내서는 JAGGAER 조달 포털의 로그인, 구매주문 알림, 주문 확인과 지원 절차를 설명한다.","excerpt_en":"This guide is designed to help you effectively navigate our supplier portal; suppliers receive notification emails from the JAGGAER procurement portal for specific order lines."},{"stance":"confirms","publisher":"메틀러 토레도 코리아","publisher_en":"Mettler-Toledo Korea","kind":"ir","lang":"ko","published_at":"2025-05-01","url":"https://www.mt.com/kr/ko/home/site_content/procurement.html","title":"METTLER TOLEDO 공급 업체","title_en":"METTLER TOLEDO Suppliers","excerpt":"Mettler-Toledo는 클라우드 기반 JAGGAER 플랫폼을 사용해 승인된 공급업체와 상호 작용하며, 이 플랫폼은 산업 아웃소싱 협력과 제3자 공급업체 연결에 쓰인다.","excerpt_en":"Mettler-Toledo uses the cloud-based JAGGAER platform to interact with approved suppliers; it supports industrial-outsourcing cooperation and serves as an interface with third-party suppliers."}]}]}