TGS Baltic assisted LMT GROUP AB (Sweden) with acquisition of a number of PLM Group companies in Latvia and Estonia.

02 / 19

TGS Baltic assisted Bengt Svante Liljedahl company LMT GROUP AB (Sweden) with closing of acquisition of PLM Group companies in Latvia, Estonia, Sweden, Denmark, Finland, Norway, and Iceland.

LMT Group is a technology trading group and consists of companies Ravema, with operations in Sweden, Norway, and Finland, and Din Maskin, with operations in Sweden and Norway. The Group has around 185 employees and a turnover of around MSEK 900. In partnership with PLM Group, LMT Group will create a solid and strong platform as a basis for the company's future competitiveness.

PLM Group is the largest partner of Dassault Systèmes SolidWorks within product innovation software in the northern Europe with over 5,000 industrial customers in the Nordics and Baltic countries. PLM Group has also been reselling 3D printing machines from 3D Systems, HP and MarkForged since 2014. PLM Group’s turnover is around MSEK 350, it has around 130 employees and more than 20 years of experience assisting its customers in manufacturing quality products in a faster and cost effective manner. For more information about PLM Group, please refer to 

PLM Group companies include PLM Group Latvija SIA (Latvia), PLM Group Eesti OÜ (Estonia), PLM Group Sverige AB (Sweden), PLM Group ApS (Denmark), PLM Group A/S (Denmark), PLM Group 3DX ApS (Denmark), PLM Group 3D Printing ApS (Denmark), PLM Group Suomi Oy (Finland), PLM Group Norge AS (Norway), Pronor ehf (Island).

The signing of the acquisition was announced on 30 November 2018. The acquisition driven changes were registered on January and February 2019.

The transaction relates to Latvia, Estonia, Sweden, Denmark, Finland, Norway, and Iceland.

TGS Baltic team was led by Partner Andra Rubene, Partner Kadri Kallas and supported by Associate Reinis Grunte and Associate Kärt Raud.

For more information in English, please refer to: