Module Tech Plc

What Module Tech Plc does

Module Tech OÜ is an Estonian-domiciled, Norway-facing producer of prefabricated modular buildings, founded in 2006 and operating as the production subsidiary of Wexus Gruppen AS (Norvestor VII L.P. ~60%, key personnel ~40%) within the Algeco (Modulaire Group) global modular-space platform. Its indoor factory at Loovälja tee 9 in Harju county produces CE-certified modules to Norwegian construction standards under SINTEF Technical Approval TG 20250, with certified capacity of approximately 1,500-2,000 modules per year and 100% green-energy power certified by Estonian Energy. The product portfolio spans six core lines: special custom projects (club houses, student housing, mountain camps), turnkey accommodation rigs for shipyards, road projects, power plants, and oil and gas facilities, custom canteen solutions, configurable office modules for short- and long-term use, modular schools and kindergartens, and full hotels (exemplified by the 160-room 'Sure Hotel by Best Western' at Harstad Narvik Airport Evenes).

The company monetizes through three revenue streams: one-time sales of modular buildings, recurring rental of accommodation and office rigs (with buy-rent-demobilise-resell flexibility for customers), and turnkey project delivery including design, construction, transport, and setup. Go-to-market is project-based B2B enterprise field sales targeting industrial segments (oil and gas, shipbuilding, power, road construction), municipal and state institutions (schools, kindergartens, offices), and hospitality, with direct sales offices in Tallinn, Stavanger, Tromsø, and Brønnøysund covering Denmark, Norway, Sweden, and Finland. Pricing is quote-based and not publicly disclosed; contract evidence shows multi-year rentals at scale (e.g., Skanska Norge AS 3-year contract for 208 persons across three road projects). Marketing is driven by project portfolio, case studies, and direct sales engagement rather than performance channels.

The customer base is concentrated among large enterprise and institutional buyers — Skanska, Statoil, BW Hospitality Group, CIC Hospitality, Best Western, municipal buyers — making contract wins and renewals the primary growth lever. Corporate governance combines industrial operational leadership at Module Tech OÜ (Plant, Production, Supply Chain, Technical Director, CFO) with the commercial Wexus Gruppen AS arm in Norway, and the broader Algeco/Modulaire Group provides global sourcing, fleet, and customer reach. No public listing is disclosed; the firm maintains a Creditinfo A-level rating over five consecutive years and reports no subsidiaries of its own.

Name

Module Tech Plc

Legal name

Module Tech OÜ

Website

https://moduletech.ee

Company type

Private

Founded year

2006

Operating status

Operating

Short description

Module Tech OÜ produces prefabricated modular buildings — accommodation rigs, offices, hotels, schools, canteens, and custom projects — from its SINTEF-approved Estonian factory, selling and renting through Wexus Gruppen AS to industrial, municipal, and hospitality customers across the Nordic markets within the Algeco group.

Ownership category

akta.pro rank

Product category

Prefabricated Modular Buildings

SIC

Prefabricated Metal Buildings & Components (3448)

akta.pro primary industry

Modular/Offsite General Contracting & Installation (IMAFAAAK)

akta.pro secondary industries

Residential Modular & Prefabricated Home Construction (IMAFABAF), Modular/Prefabricated Classroom Buildings & Installation (EDAEABAH)

Keywords

• Modular buildings
• Prefabricated construction
• Modular housing
• Industrial accommodation
• Building manufacturing

Headquarters

HQ city

Harju

HQ country

Estonia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Modular Building Sales: Sale of modular buildings to industrial segments, municipalities, and state institutions. Buildings can be custom designed and built according to customer requirements.
2. Modular Building Rental: Rental of modular buildings for short and long-term use. Provides flexibility for customers who need temporary or project-based accommodation and office solutions.
3. Turnkey Solutions: Complete turnkey housing rig and accommodation solutions including design, construction, delivery, and setup.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Module Tech OÜ designs and manufactures prefabricated modular buildings in an indoor factory environment in Estonia, serving Nordic markets. Its product portfolio covers accommodation rigs, office modules, hotels, schools and kindergartens, cantine solutions, and custom special projects, delivered as turnkey solutions for purchase, rental, demobilisation, or resale. Primary customers are industrial enterprises (oil and gas, shipyards, power plants, road construction) and municipal/state institutions in Denmark, Norway, Sweden, and Finland.

Product overview

Module Tech OÜ is a producer of modular buildings serving industrial segments, municipal and state institutions. The company offers complete modular building solutions for purchase, rental, demobilisation, or resale. Their product portfolio includes six core offerings: Special Projects (custom building solutions), Accommodation Rigs (turnkey housing), Cantine Solutions (cafeteria/dining facilities), Office Modules (office buildings), Schools & Kindergartens (educational facilities), and Hotels. All buildings are produced in an indoor factory environment using certified (CE) materials and Norwegian construction standards, enabling faster delivery, higher quality, reduced waste, and flexibility for temporary or permanent use. The company holds SINTEF Technical Approval TG 20250 for capacity of approximately 1,500-2,000 modules per year and uses 100% green energy.

Differentiator

Problem solved

Functional benefit

Products and services

• Special Projects Custom modular building solutions designed and built to meet specific purposes and requirements, including club houses for football and golf clubs, apartment buildings, student housing facilities, and mountain camps. Built indoors to Norwegian construction standards with CE-certified materials.
• Accommodation Rigs Turnkey housing rig solutions for all accommodation needs. Modular units comply with regulatory requirements and can be customly adjusted on demand. Used on shipyards, road projects, power plants, and oil and gas facilities.
• Cantine Solutions Custom cantine solutions often paired with accommodation rigs. Deliveries range from small kitchen units to large cafeterias serving thousands of meals daily, including kitchen, serving equipment, cold storage, freezer storage, and ventilation systems.
• Office Modules Turnkey office modules available in many configurations for short- and long-term use. Alternative to conventional office buildings, offering shorter delivery time, better quality from indoor construction, and flexibility to add modules.
• Schools & Kindergartens Modular school and kindergarten construction solutions. Modules can be safely transported and mounted near operational schools with emphasis on safety of children and employees. Efficient modular transport and setup typically ready within a month.
• Hotels Hotel construction using modular building methods at lower price and in less time than traditional hotel buildings. Example project: 160-room hotel at Harstad Narvik Airport Evenes, co-owned with BW Hospitality Group and CIC Hospitality, branded 'Sure Hotel by Best Western'.

Quantifiable outcome

• Reduces construction waste by up to 90% compared to conventional buildings
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• AlgecocoreOthersParent company and part of Algeco, the world's leading business services company specializing in modular space. Module Tech operates as part of the Algeco group.
• SINTEFcoreStrategic or Co-development PartnerIssued Technical Approval TG 20250 for Module Tech's production capacity of approximately 1,500-2,000 modules per year. SINTEF is one of Europe's largest independent research organisations.
• BW Hospitality GroupmajorStrategic or Co-development PartnerCo-owner of 160-room hotel project at Harstad Narvik Airport Evenes. The hotel will be a 'Sure Hotel by Best Western'.
• CIC HospitalitymajorStrategic or Co-development PartnerCo-owner of 160-room hotel project at Harstad Narvik Airport Evenes. The hotel will be a 'Sure Hotel by Best Western'.
• Best Western (Sure Hotel brand)majorOthersHotel brand partner for the 160-room hotel at Harstad Narvik Airport Evenes. Hotel will operate as 'Sure Hotel by Best Western', one of Best Western's newest brands.
• Skanska Norge ASmajorChannel Partner/ Reseller/ Distributor3-year contract for rental of accommodation rigs for road construction projects (Fylkesvei 659 Nordøyvegen). Total delivery of housing rigs for 208 persons plus canteens at all locations.
• StatoilminorChannel Partner/ Reseller/ DistributorContract for delivery of accommodation rig for revision station at Tjeldbergodden facility.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Wernick Group: UK family-owned modular building manufacturer and hire provider serving education, healthcare, construction, and commercial sectors. Comparable product mix (modular classrooms, offices, accommodation) and similar rental-plus-sale revenue model.
• Algeco: Parent company of Module Tech and the world's leading business services company specialising in modular space. Operates a global fleet of modular buildings across industrial, public-sector, and commercial segments with rental, sale, and turnkey offerings — directly comparable in product, customer base, and business model.
• Portakabin: UK-based modular building manufacturer offering hire, sale, and turnkey solutions for offices, schools, hospitals, and hospitality. Comparable to Module Tech in product breadth, modular construction approach, and project-based B2B sales into European public and private sectors.
• Moelven Byggmodul: Norwegian modular-building manufacturer producing timber-based modular homes, schools, offices, and commercial buildings across Scandinavia. The most direct Nordic geographic competitor with overlapping customer base in Norwegian municipalities and construction firms.
• Modulaire Group: Group parent of Algeco and Module Tech, operating one of the largest modular-space fleets in Europe and globally. Directly comparable as the overarching platform with identical product categories (modular offices, accommodation, schools, healthcare) and Nordic-European market overlap.
• ATCO Structures & Logistics: Canadian manufacturer of modular buildings including workforce accommodation, schools, offices, and hotels, with global operations. Directly comparable to Module Tech across modular product categories and end-markets, including resource-sector workforce housing.
• WillScot: North American leader in modular space and portable storage, offering lease, sale, and turnkey solutions to industrial, construction, and commercial customers. Closely comparable business model with a heavy rental mix and similar workforce-accommodation use cases.

Emerging players

• Blokable: US technology-driven modular housing developer focused on multifamily residential projects using factory-built blocks. Comparable in modular construction method and indoor-factory quality benefits, though narrower in vertical focus (residential only).
• Plant Prefab: US-based sustainable modular prefab builder using factory methods to deliver custom single-family and multifamily housing with reduced waste. Comparable in factory-built quality and waste-reduction value proposition, though primarily residential and US-focused.

Broad incumbents

• Pac-Van: US-based provider of mobile offices, modular buildings, and storage containers with a national rental fleet. Overlaps with Module Tech's office and accommodation rig offerings but primarily serves the North American market and is part of the broader McGrath RentCorp portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/module-tech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Module Tech Plc