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.

FoundationIn 1989, Hagby Bruk sold the company to the management and the company continued to grow.

FoundationIn 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.

FoundationIn 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.

FoundationIn 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.

FoundationDuring 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.

FoundationIn August 2006 Drillcon was listed on First North MTF (Stockholm Stock Exchange).

FoundationThe biggest core drilling contractor in Finland, Smoy (Suomen Malmi OY) was acquired by Drillcon in April 2007.

FoundationIn 2009, the subsidiary Drillcon Norway was founded.

FoundationIn 2011, Nibu Borr AB core drilling division was acquired.

FoundationIn 2013, Drillcon was celebrated it’s 50-year anniversary.

FoundationDuring 2015, it was decided to close down Drillcon SMOY (Suomen Malmi OY).

FoundationIn 2016, Drillcon Americas SpA was founded, seated in Santiago, Chile.

FoundationDuring 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.