Geofound Scandinavia AB

What Geofound Scandinavia AB does

Geofound Scandinavia AB is a Swedish geotechnical and foundation equipment distributor founded in 2015 and headquartered in Huddinge, Sweden. The company supplies Geomachine drilling rigs (GM8, GM85, GM75, GM65, GM50), geotechnical consumables (soil rods, sampling equipment, environmental and groundwater pipes, casing, fill materials, Wassara water hammers), foundation solutions (SDX self-drilling anchors via BBR Networks, pipe-driving and MITO 4 drilling systems, Tri-Mach DTH/HZ ring-sets and the AP-900 breakout bench), and instrumentation such as the BAT pore pressure meter, complemented by the GM2000 deep-geoenergy system capable of 2,000-meter drilling.

The business operates through direct enterprise field sales with on-site demonstrations and training, regional service partners in Luleå, Umeå, Sundsvall, Norrkøping, and Kalmar, and a spare-parts warehouse hosted by Nevo Maskin in northern Sweden. Revenue is generated from one-time equipment sales (peak of approximately 12 rigs per year), recurring aftermarket service, repair, and annual calibration tied to geotechnical field-investigation standards, and customer-adapted training delivered both commercially and through industry associations SGF and Svensk Grundläggning. The company self-describes as the largest Geoteknik supplier and a major actor in anchor sales in Sweden, with disclosed customers including Sweco, Danmag, and Geo AB, supported by a small founder-led team of 5 employees and digital service platforms (GM Tracker/GM Online, GMCare) that connect installed fleets to Geofound's workshop and field-service operations.

Name

Geofound Scandinavia AB

Legal name

Geofound Scandinavia AB

Website

https://geofound.se

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Geofound Scandinavia AB is a Swedish geotechnical and foundation equipment distributor founded in 2015, supplying Geomachine drilling rigs, consumables, foundation anchors, instrumentation, and related service, calibration, and training to construction and engineering companies across Sweden.

Ownership category

akta.pro rank

Product category

Geotechnical Drilling Equipment

NAICS

Agriculture, Construction, and Mining Machinery Manufacturing (3331), Support Activities for Mining (2131)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Geotechnical & Subsurface Engineering Consulting (BPAHAIAB), Shallow Foundations & Ground Support (Footings, Rafts, Ground Beams) (IMAFAOAB), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Geotechnical drilling equipment
• Foundation construction equipment
• Drilling rig sales
• Geoenergy drilling systems
• Geotechnical instrumentation

Headquarters

HQ city

Huddinge

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of geotechnical drilling rigs (Geomachine brand) and related equipment. Sales of up to 12 machines per year at peak.
2. Geotechnical Materials: Sale of geotechnical materials including sampling equipment, ground water pipes, environmental pipes, and consumables
3. Service and Repair: Service and repair of drilling machines at workshop in Huddinge or on-site field repairs. Over 25 years of Geomachine experience.
4. Calibration Services: Annual calibration of geotechnical machines to meet standards for geotechnical field investigations
5. Training Services: Customer-adapted training on machine operation, drilling methods, and maintenance. Also participates as educator in industry associations SGF and Svensk Grundläggning

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Geofound Scandinavia AB distributes geotechnical and foundation drilling equipment in Sweden, including Geomachine drilling rigs (GM8, GM85, GM75, GM65, GM50), Wassara water hammers, BBR Networks SDX self-drilling anchors, Tri-mach DTH and horizontal drilling systems, and supporting geotechnical materials such as soil rods, groundwater pipes, environmental pipes, samplers, and fill materials. The company complements equipment sales with workshop and on-site service, annual calibration, and customer-adapted training.

Product overview

Geofound Scandinavia AB is a supplier of geotechnical and foundation equipment, founded in 2015 and headquartered in Huddinge, Sweden. The company offers a broad portfolio organized across four main categories: (1) Drilling Rigs — the Geomachine series (GM8, GM85, GM75, GM65, GM50) for geotechnical and prospecting drilling; (2) Geotechnical Equipment — including soil rods, sampling equipment, environmental pipes, groundwater pipes, piston samplers, casing pipes, groundwater measurement instruments, handheld tools, Wassara water hammers, and fill materials; (3) Foundation/Ground Improvement — including SDX self-drilling anchors (distributed since 2020 via BBR Networks), pipe driving/rördrivning, MITO 4 drilling machines, and Tri-mach DTH/HZ ring-set and pilot systems; (4) Instrumentation — BAT pore pressure measurement devices; plus (5) Service & Calibration — on-site and workshop repair, annual calibration, and training. The digital add-ons GM Tracker/GM Online and GMCare complement the equipment portfolio by providing remote monitoring and service management for Geomachine rigs.

Differentiator

Problem solved

Functional benefit

Products and services

• Geomachine GM8 Drilling Rig Geotechnical and prospecting drilling rig offered by Geofound as part of the Geomachine portfolio for Swedish construction and engineering customers.
• Geomachine GM85 Drilling Rig Geotechnical and prospecting drilling rig offered by Geofound as part of the Geomachine portfolio for Swedish construction and engineering customers.
• Geomachine GM75 Drilling Rig Geotechnical and prospecting drilling rig; one of the most commonly delivered models by Geofound and operated in fleets by customers such as Danmag.
• Geomachine GM65 Drilling Rig Geotechnical and prospecting drilling rig offered by Geofound as part of the Geomachine portfolio for Swedish construction and engineering customers.
• Geomachine GM50 Drilling Rig Geotechnical and prospecting drilling rig offered by Geofound as part of the Geomachine portfolio for Swedish construction and engineering customers.
• Geomachine GM2000 Geoenergy Drilling System Deep-hole geoenergy drilling system capable of drilling up to 2000 meters, enabling fewer but deeper energy wells to replace many shallow wells for heating and cooling installations.
• Wassara Water Hammers

Quantifiable outcome

• Sells up to 12 machines per year at peak

Named customers3 records

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

Nine partnerships are on record, tiered core, major and historical.

• BBR NetworkscoreChannel Partner/ Reseller/ Distributor · 1 January 2020Became reseller for BBR Networks anchor products within Grundläggning starting 2020.
• WassaracoreChannel Partner/ Reseller/ Distributor · 1 January 2018Became authorized reseller for Wassara products within Geoteknik starting 2018. Wassara provides water hammers for geotechnical investigations.
• GeomachinecoreTechnology or IntegrationPrimary equipment supplier. Geofound has over 25 years of experience with Geomachine products, dating back to when Geomachine was founded. They sell, service, and calibrate Geomachine drilling rigs.
• Nevo Maskin ABcoreChannel Partner/ Reseller/ DistributorStrong cooperation partner in Luleå. Nevo Maskin hosts a warehouse of spare parts and consumables for Geofound's customers in northern Sweden.
• Tri-MachmajorTechnology or IntegrationSupplier of Tri-Mach products including the AP-900 breakout bench and DTH hammer systems for drilling operations.
• MaxamajorTechnology or IntegrationSupplier of Maxa DTH (Down The Hole) hammers including 24-inch hammers for large diameter drilling.
• MAIhistoricalChannel Partner/ Reseller/ DistributorPreviously sold MAI anchors in Sweden as part of their foundation products sales.
• KlemmhistoricalChannel Partner/ Reseller/ DistributorPreviously sold Klemm machines in Sweden.
• BauerhistoricalChannel Partner/ Reseller/ DistributorPreviously sold Bauer machines in Sweden.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Liebherr: Major earthmoving and foundation equipment manufacturer offering drilling rigs and piling equipment to construction and engineering customers comparable to Geofound's market, but across a vastly broader product portfolio.
• Epiroc: Sweden-based global drilling and rock excavation equipment manufacturer — provides directly competing surface/underground drilling rigs and consumables and benefits from being a Swedish-headquartered incumbent in the same market.
• Boart Longyear: Global drilling services and equipment provider serving mining, geotechnical, and exploration customers — overlaps in drilling rig and consumables supply but operates at vastly larger scale and broader scope.
• Sandvik Mining and Rock Solutions: Swedish-headquartered global mining and rock tools manufacturer with overlapping drilling equipment product lines and direct access to the same Scandinavian customer base.

Direct peers

• Fugro: Dutch geotechnical and subsurface investigation services company that uses comparable rigs and instrumentation to characterize ground conditions — competes for the same engineering customer wallet, though Fugro is a service operator rather than an equipment distributor.
• Soilmec: Italian manufacturer of foundation and geotechnical drilling rigs serving the same construction and engineering customer segments that Geofound targets in Scandinavia.
• Casagrande Group: Italian foundation equipment manufacturer producing drilling rigs, piling rigs, and anchor systems comparable to Geofound's SDX anchors and MITO 4 drilling machines for foundation contractors.
• Comacchio: Italian manufacturer of drilling rigs specialized for geotechnical and foundation work — directly overlapping with Geofound's Geomachine portfolio in target applications and customer base (geotechnical contractors and engineering firms).
• Klemm Bohrtechnik: German drilling rig manufacturer with overlap to Geomachine-style geotechnical rigs; was previously sold by Geofound in Sweden, making it both a historical partner and a direct competitive reference point.
• Bauer Group: German foundation specialist and a former Geofound supplier — offers a directly comparable portfolio of foundation drilling rigs and anchoring systems used in Swedish and Scandinavian projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/geofound-scandinavia-ab

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Geofound Scandinavia AB