Drillcon was founded in 1963 in Nora, Sweden under the name Kärnborrning AB as a subsidiary to Hagby Bruk AB, a manufacturer of core drilling machines and equipment. The purpose with the company was to test and develop drilling equipment under realistic conditions. The business grew and developed into a true contracting company.
1989 Sale of Company
In 1989, Hagby Bruk sold the company to the management and the company continued to grow.
In 1991, the state owned drilling contractor SGAB Borr was acquired. SGAB had at the time sixty employees and a large number of drill rigs and was the biggest competitor to Kärnborrning AB.
In 1993, the Boliden’s internal contracting division (Boliden GB) was acquired and the Drillcon Group was formed. Boliden GB was primarily active in raiseboring, drill and blast and transport in Boliden’s mines. Boliden GB was sold in 1996 except for the raiseboring business that was kept under the name Drillcon Raise AB.
In 1994, the subsidiary Drillcon Iberia SA was founded. Later all activities in Portugal, performed by Drillcon Raise AB and Drillcon Core AB, were transferred to the new subsidiary Drillcon Iberia SA.
During 2001, Drillcon Raise AB was split and some equipment was sold and the rest were transferred to Drillcon Core AB in Sweden and rented to Drillcon Iberia SA.
2006Stock Exchange Entry
In August 2006 Drillcon was listed on First North MTF (Stockholm Stock Exchange).
The biggest core drilling contractor in Finland, Smoy (Suomen Malmi OY) was acquired by Drillcon in April 2007.
In 2009, the subsidiary Drillcon Norway was founded.
In 2011, Nibu Borr AB core drilling division was acquired.
201350 Year Celebration
In 2013, Drillcon was celebrated it’s 50-year anniversary.
During 2015, it was decided to close down Drillcon SMOY (Suomen Malmi OY).
In 2016, Drillcon Americas SpA was founded, seated in Santiago, Chile.
During 2016 Drillcon Core AB was re-organized and changed name to Drillcon Scandinavia AB and each subsidiary took responsibility for all drilling services in the market they operate in.