Geomachine

Tuusula, Finland Founded: 1984 • Age: 42 yrs Acquired By Tampereen Konepajat
Drill rigs are manufactured for geotechnical and geothermal applications.

About Geomachine

Geomachine is a company based in Tuusula (Finland) founded in 1984, and was acquired by Tampereen Konepajat in September 2019. Drill rigs are manufactured for geotechnical and geothermal applications.

Company details

Founded in 1984 in Tuusula, Finland, drilling equipment is designed and produced for geotechnical and geothermal sectors. Rigs are adapted to diverse soil conditions, including challenging terrains, with various models available to meet specific requirements. Services and spare parts are supplied alongside the equipment, which is engineered for reliability and productivity to reduce operational downtime. Engineering support and rig rental options are also extended to clients.

  • Headquarters Tuusula, Finland
  • Stage Acquired
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  • Website geomachine.fi/en
  • Social LinkedIn Facebook
  • Acquired by Tampereen Konepajat (Sep 2019)
Key Metrics

Investors in Geomachine

Geomachine has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tampereen Konepajat and Canelco Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Finnish SMEs are owned and developed by Canelco Capital.
canelco.fiHelsinki, Finland
A Finnish company focused on machinery manufacturing and productivity solutions.
tampereenkonepajat.comYlöjärvi, Finland
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Investor details for Geomachine

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Timeline of Geomachine

3 dated milestones of Geomachine across 35 years, from founding to its latest funding, stage changes and deals.

  1. Founded Geomachine is founded.
  2. Exit Acquired by Canelco Capital.
  3. Exit Acquired by Tampereen Konepajat.
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Frequently Asked Questions about Geomachine

Geomachine was founded in 1984.

Geomachine is headquartered in Tuusula, Finland.

Founded in 1984 in Tuusula, Finland, drilling equipment is designed and produced for geotechnical and geothermal sectors. Rigs are adapted to diverse soil conditions, including challenging terrains, with various models available to meet specific requirements. Services and spare parts are supplied alongside the equipment, which is engineered for reliability and productivity to reduce operational downtime. Engineering support and rig rental options are also extended to clients.

Geomachine has 2 investors. Key investors include Tampereen Konepajat, and Canelco Capital.

Yes. Geomachine was acquired by Tampereen Konepajat in September 2019.

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