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Aalborg, Denmark-based Trackunit, an IoT service provider, announced on Tuesday that it has acquired Berlin-based ConTech startup Flexcavo.
Trackunit aims to extend its reach in the contractor market with this acquisition. It will also allow the Danish company to manage the rental/contractor relationship better in the future.
Flexcavo: What you need to know
Founded in 2020 by Benedict Aicher and Leonhard Fricke, Flexcavo is working to digitalise the construction industry.Â
The platform specialises in data-enabled workflow and process management, enabling contractors and rental companies to increase their efficiency, lower costs and improve the team’s collaboration across construction sites, yards, and headquarters.