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Private Equity | Construction & Engineering Services

LM Gruppen A/S has been acquired by Infra Group

October 2024 — Full-service utility contractor LM Gruppen A/S has been sold to Infra Group (Infra Management, PAI Partners, ICG and Andera Partners).

LM Gruppen is a Danish utility contractor serving multiple geographies and sectors, with a focus on fiber, district heating and power. The company provides a comprehensive, end-to-end service offering and is known for its excellent delivery quality, speed and transparency throughout all project phases, enabled by a highly digitalized setup and a uniquely efficient operating model.

Infra Group is owned by Infra Management, PAI Partners, ICG and Andera Partners. It is a multidisciplinary group of companies dedicated to underground and overhead infrastructure works. Headquartered in Temse, Belgium, the group operates in multiple European countries. Infra Group specializes in earthworks and the construction, upgrading and maintenance of distribution and transportation networks for electricity, telecommunications/IT and data, water, liquids and gases.

Our role in the transaction

Oaklins’ team in Denmark was engaged as the exclusive financial advisor to the seller in this transaction. Oaklins’ Belgian team played a key role by introducing the buyer, leveraging their extensive network to access a strong strategic partner.

Parties
“We appreciate the exceptional support from the Oaklins team, 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 and 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

Owner and CEO, LM Gruppen A/S

Talk to the deal team

Daniel Sand

Partner
Copenhagen, Denmark
Oaklins Beierholm

Dieter Simons

Managing Director
Brussels, Belgium
Oaklins KBC Securities

Gustav Sahlholt

Senior Associate
Copenhagen, Denmark
Oaklins Beierholm

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