Eurofor

What Eurofor does

EuroforGroup is a privately held French industrial group headquartered in Chassieu, France, that manufactures, distributes, and rents drilling rigs and equipment for the mining and construction industries. The group operates through an integrated multi-division structure: EUROFOR handles distribution of drilling and demolition equipment and consumables, FORALOC provides equipment rental and long-term leases (including geotechnical sounding machines such as the Geo 205), Technidrill manufactures standardized and custom drilling products at ISO 9001 certified facilities in France, and RTDRILL designs and manufactures drilling rigs and crawler drilling rigs. Regional operations are run through wholly-owned subsidiaries Sahamat in Algeria (North Africa) and Wamines in Ivory Coast (West Africa), and DRILL-I offers drilling training services to industry professionals.

The group's value proposition emphasizes custom-made, integrated drilling solutions backed by 52 years of industry experience, three factories and design offices, approximately 220 employees worldwide, and 50 dedicated technicians providing global after-sales service and remote-location support. Customers include major French construction groups (Bouygues, Eiffage, Vinci) and mid-market mining, geotechnical, and drilling services firms (TEMSOL, LE GEOLOGUE, MILLOT FORAGE, CIRTER, GEOM FORAGE), with multiple multi-year relationships documented. Revenue is generated across hardware sales, recurring rental/lease contracts, in-house manufacturing, and training services; specific pricing is quote-based and not publicly disclosed. Reported turnover was €75 million in FY2024 with no external investors, no public listing, and no disclosed M&A or funding activity in the available data.

Name

Eurofor

Legal name

EuroforGroup

Website

https://euroforgroup.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Short description

EuroforGroup is a privately held French industrial group that manufactures, distributes, and rents drilling rigs and equipment for the mining and construction sectors, serving enterprise and mid-market customers globally through regional subsidiaries in Algeria and Ivory Coast.

Ownership category

akta.pro rank

Product category

Industrial Drilling Equipment

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Mining Machinery and Equipment Manufacturing (333131), Construction Machinery Manufacturing (333120)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Drilling Rigs & Drill Systems (IMAHAMAA)

Keywords

• Drilling equipment distribution
• Drilling rig manufacturing
• Geotechnical drilling rental
• Mining drilling equipment
• Construction drilling machinery

Headquarters

HQ city

Chassieu

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Distribution (EUROFOR): Distribution of drilling and demolition equipment and materials to mining and construction customers
2. Equipment Rental (FORALOC): Rental of drilling equipment including long-term lease agreements for geotechnical sounding machines like Geo 205 FORALOC
3. Manufacturing (Technidrill): Manufacturing and distribution of drilling equipment - standardized products and custom solutions for coring and drilling applications
4. Drilling Rig Manufacturing (RTDRILL): Design and manufacture of drilling rigs and crawler drilling rigs
5. Training Services (DRILL-I): Drilling training services for industry professionals

Go-to-market motion1 record

Distribution channels6 records

Marketing channels3 records

Core offering

EuroforGroup manufactures, distributes, and rents drilling rigs, crawler drilling rigs, drilling and demolition equipment, and geotechnical sounding machines for the mining and construction industries. Offerings span standardized catalog products through Technidrill, custom-designed rigs via RTDRILL, equipment rental and long-term leases through FORALOC, and drilling training through DRILL-I, supported by a global after-sales service network of 50 technicians and regional subsidiaries in Algeria and Ivory Coast.

Product overview

EuroforGroup operates as a unified portfolio of specialized divisions serving the mining and construction drilling industry. The core offerings include EUROFOR for equipment distribution, FORALOC for equipment rentals, Technidrill for manufacturing (ISO 9001 certified, made in France), and RTDRILL for custom drilling rig design. DRILL-I provides training services. The group also maintains regional subsidiaries in Algeria (Sahamat) and Ivory Coast (Wamines), with approximately 220 employees across 3 factories generating €75 million in 2024 turnover.

Differentiator

Problem solved

Functional benefit

Brands

• FORALOC: Rental of drilling equipment
• Technidrill
• RTDRILL
• DRILL-I

Products and services

• EUROFOR — Drilling and Demolition Equipment Distribution Distribution of drilling machines, drilling and demolition equipment, and associated materials to mining and construction customers worldwide. Targets enterprise construction groups, mining firms, and geotechnical services companies.
• FORALOC — Drilling Equipment Rental Services Rental of drilling rigs and geotechnical sounding machines, including long-term lease agreements (e.g., Geo 205 FORALOC). Provides flexible equipment access to geotechnical contractors and mining operators with after-sales service included.
• Technidrill — Manufacturing of Coring and Drilling Equipment ISO 9001-certified French manufacturer of standardized products and specific solutions for coring and drilling applications, serving mining and construction industries. Delivers both catalog products and custom-designed equipment.
• RTDRILL — Drilling Rig and Crawler Drilling Rig Design and Manufacture Design and manufacture of drilling rigs and crawler drilling rigs, including custom-made solutions tailored to specific mining and construction requirements.
• DRILL-I — Drilling Training Services Drilling training services for industry professionals using EuroforGroup equipment and methodologies, supporting safe and efficient operation of drilling rigs.
• Geo 205 FORALOC — Geotechnical Sounding Equipment (Rental) Geotechnical sounding equipment offered via the FORALOC rental fleet under long-term lease arrangements for drilling services contractors conducting soil investigation work.

Quantifiable outcome

• 52 years of experience in the drilling industry
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• EUROFOR (Distribution Division)coreOthersCore group division handling distribution of drilling and demolition equipment and materials. Part of the integrated EuroforGroup structure.
• FORALOC (Rental Division)coreOthersCore group division providing equipment rental services including long-term lease agreements for drilling and geotechnical sounding machines.
• Technidrill (Manufacturing Division)coreOthersCore group division manufacturing and distributing drilling equipment - standardized and specific products for coring and drilling. ISO 9001 certified, Made in France.
• RTDRILL (Manufacturing Division)coreOthersCore group division for design and manufacture of drilling rigs and crawler drilling rigs.
• Sahamat (Algeria)coreOthersGroup subsidiary in Algeria serving North African mining and construction markets.
• Wamines (Ivory Coast)coreOthersGroup subsidiary in Ivory Coast serving West African mining and construction markets.
• DRILL-I (Training Division)minorOthersGroup division providing drilling training services for industry professionals.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Casagrande Group: Italian producer of foundation, geotechnical, and drilling rigs and equipment. Direct competitor to Eurofor in the construction and geotechnical drilling rig segment, with similar custom-engineered offerings.
• Epiroc: Swedish manufacturer of mining and infrastructure equipment including drilling rigs, rock drills, and consumables. Competes with Eurofor across both surface and underground drilling rigs and offers a comparable integrated equipment-plus-service model.
• Sandvik: Swedish engineering group with a major Mining and Rock Solutions segment producing drilling rigs, consumables, and rock tools for surface and underground mining as well as geotechnical work. Overlaps directly with Eurofor's RTDRILL and Technidrill offerings to mining and construction customers.
• Soilmec: Italian manufacturer of drilling rigs and foundation equipment serving geotechnical, construction, and mining markets. Direct competitor to Eurofor in crawler and foundation drilling rigs, particularly in the European market.
• Comacchio: Italian manufacturer of drilling rigs for geotechnical, environmental, and mining applications. Comparable to Eurofor's Technidrill/RTDRILL offering, with a similar focus on custom-engineered rigs for specialized applications.
• Atlas Copco: Global Swedish manufacturer of compressors, mining and construction equipment including drilling rigs. Directly competes with Eurofor/Technidrill in crawler and exploration drilling rigs, and is one of the dominant players in the same product category Eurofor serves.
• Boart Longyear: Global drilling services and equipment provider specializing in mineral exploration, production drilling, and geotechnical drilling. Closely comparable to Eurofor's distribution and consumables business serving mining exploration customers.
• Bauer Group: German manufacturer of foundation equipment, including drilling rigs, piling rigs, and special foundation machinery. Direct competitor to Eurofor in geotechnical and construction drilling equipment, with overlapping customer base in European construction.

Broad incumbents

• Liebherr: Swiss-German manufacturer of construction and mining equipment including earthmoving and specialty foundation machinery. A broad incumbent in the same construction/mining equipment space as Eurofor, though not a specialist in drilling rigs.
• Caterpillar: American multinational producing a broad range of construction, mining, and heavy equipment including drilling products. Operates in the same end markets as Eurofor but with a vastly wider portfolio and global scale, often participating as a broad incumbent rather than specialist drilling peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/euroforgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 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 Eurofor