Magnatek was originally founded in 1984 by Lars Peter Magnussen. Up to the early 1990’th the company focused on μ-processor based electronics for special applications.
In 1991 Kim Demandt, who held a significant experience and expertise in industrial X-ray, bought half of the company and the company’s focus changed to X-ray equipment. The company moved to Thoravej in Copenhagen in 2002, where the facilities covered 300 m².
In 2012 Magnatek made a generational succession, where Henrik Ibsen took over the company.
In year 2013 the company moved to Hoejbjerg near Aarhus.Here the company has expanded the facilities to cover more than 1000 m²