The company was founded in 1918.[1] It was known as Specialmaskiner AB, hence the shortened name Specma.
Specma was acquired by the Danish group Schouw & Co. [da] in January 2016, and in April 2022 it was consolidated into Hydra-Grene (also owned by Schouw & Co.) for a consideration of 650 million Danish Krone.[2]
In 2019 the company opened a further 7000 square metre manufacturing facility in Stargard, Poland.[1]
