Makin Group has acquired Makin, Maskinstyring, and Kinematic with the backing of Priveq, aiming to enhance machine control solutions and expand its market presence in the Nordics.

Target Information

The Makin Group, formed through the partnership of co-founders from Makin and Maskinstyring, along with Priveq, encompasses a collection of companies providing advanced machine control solutions for heavy construction machinery and engineering services. This consolidation of ownership is aimed at enhancing operational efficiency and productivity in construction workflows through innovative technology and services. Established as a frontrunner in the Nordic market, Makin has quickly carved out a niche since its inception, primarily focusing on user-friendly interfaces, state-of-the-art technology, and exceptional customer support.

Based in Odense, Makin and Kinematic have developed a sophisticated technology platform that stands out in the construction industry. Meanwhile, Maskinstyring, headquartered in Hamar, Norway, has built a reputation for its unique sales, service, and engineering capabilities tailored to the Norwegian market. Together, these companies work synergistically throughout the value chain, from initial project planning to operations on-site, ensuring quality and efficiency.

Industry Overview

The heavy construction machinery industry in the Nordic countries is currently experiencing significant transformation driven by digitalization and the optimization of construction workflows. As pioneers in the adoption of advanced technologies, Norway and Sweden are at th

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Priveq

invested in

Makin Group

in 2025

in a Buyout deal

Disclosed details

Revenue: $30M

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