About Driconeq
Driconeq is a company based in Sunne (Sweden) founded in 1995, and was acquired by Mincon in March 2018. It operates as a drilling equipment is produced for mining, construction, and extraction sectors. Driconeq has completed 1 acquisition, including Drillstar Engineering.
Company details
Driconeq was established in 1995 in Sunne, Sweden, as a manufacturer of specialized drilling equipment. Operations focus on supplying tools for mining applications, water well drilling, construction projects, and mineral extraction processes. The company serves global markets through its domain driconeq.com, emphasizing durable solutions tailored to demanding industrial environments in the resources sector.
- Headquarters Sunne, Sweden
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website driconeq.com
- Social LinkedIn Facebook
- Acquired by Mincon (Mar 2018)
- InvestorsMincon
& 1 more
- Investments & Acquisitions
- Acquired by
Investors in Driconeq
Driconeq has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mincon and Axcel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Axcel is engaged in private equity investments for value creation. | – | axcel.dk | Copenhagen, Denmark | |
Manufacturer of hard-rock drilling tools | 1977 | mincon.com | Shannon, Ireland |
Investor details for Driconeq
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Driconeq
Driconeq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Drillstar Engineering.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Drilling equipment is manufactured for industrial applications in Australia. | drillstar.com.au | Rockhampton, Australia | 1991 | Oct 2012 | $18M |
Complete acquisition details for Driconeq
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Driconeq
4 dated milestones of Driconeq across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Driconeq is founded.
- Exit Acquired by Axcel.
- Acquisition Acquires Drillstar Engineering.
- Exit Acquired by Mincon.
Web traffic of Driconeq
The website of Driconeq (driconeq.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 21.3% vs previous month
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Frequently Asked Questions about Driconeq
Driconeq was founded in 1995.
Driconeq is headquartered in Sunne, Sweden. It is registered at Sunne, Varmland, Sweden.
Driconeq was established in 1995 in Sunne, Sweden, as a manufacturer of specialized drilling equipment. Operations focus on supplying tools for mining applications, water well drilling, construction projects, and mineral extraction processes. The company serves global markets through its domain driconeq.com, emphasizing durable solutions tailored to demanding industrial environments in the resources sector.
Driconeq has made 1 acquisition, including Drillstar Engineering.
Yes. Driconeq was acquired by Mincon in March 2018.