Case | 30 April 2026

Setterwalls has assisted Priveq Investment with the investment in Scanreco

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Setterwalls has assisted Priveq Investment with the investment in Scanreco, a global technology partner delivering smart solutions and intuitive interfaces for remote control and cabin control of mobile machines and industrial vehicles. In connection with Priveq Investment’s investment, Scanreco is acquiring CrossControl as a step towards becoming a complete technology partner for interfaces, control systems and software.

Scanreco operates in industries including construction and civil engineering, material handling, agriculture, mining and the maritime sector, with an integrated portfolio of remote controls, display computers, machine control, and edge computing. CrossControl develops and manufactures advanced display computers and vehicle computers for industrial vehicles, serving machine manufacturers in construction and civil engineering, agriculture and forestry, material handling, and other industrial markets.

Following the acquisition of CrossControl, the combined group will have approximately 600 employees and generate an annual revenue of around SEK 1.4 billion.
For more information, please see Priveq Investment’s press release here and Scanreco’s press release here.

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