Full-service utility contractor acquired by Infra Group
Introduction
LM Gruppen, a Danish utility contractor servicing multiple geographies and sectors, has been acquired by Infra Group (Infra Management, PAI Partners, ICG and Andera Partners).
Oaklins’ team in Denmark was engaged by the owners of LM Gruppen as the strategic and financial advisor in this transaction.
We appreciate the exceptional support from Oaklins, who ensured that our interests were always at the forefront throughout the sales process. Their deep industry expertise and international buyer access were instrumental in achieving this transaction, where we are teaming up with a leading European player, strengthening our ability to deliver innovative solutions to our customers. We are confident that Infra Group is the perfect home for LM Gruppen, and we look forward to a successful future together.SØREN KNUDSEN – CEO & OWNER, LM GRUPPEN
About LM Gruppen
Headquartered in Køge, Denmark, LM Gruppen serves customers across multiple sectors, most notably fiber, district heating and power. The company provides customers with an end-to-end full-service offering and unrivalled delivery quality, speed and transparency across all project phases, enabled by a highly digitalised setup and uniquely efficient operating model.
Read more about LM Gruppen: www.lmgruppen.dk
About Infra Group
Headquartered in Temse, Belgium, Infra Group is a multi-disciplinary group of companies, specialised in underground and overhead infrastructure works. The Group operates across multiple European countries and generates revenue of more than EUR 1 billion. Infra Group operates in earthworks, and the construction, upgrading and maintenance of distribution and transportation networks for electricity, telecommunications/IT and data, water, liquids and gases. This acquisition aligns with Infra Group’s growth strategy by strengthening and accelerating their expansion as an international multi-utility and infrastructure services provider, while marking their entry into the Danish market.
Read more about Infra Group: www.infra-group.eu