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.

Service

M&A sell-side

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

View profile Get in touch

Dieter Simons

Managing Director

Brussels, Belgium
Oaklins KBC Securities

View profile Get in touch

Gustav Sahlholt

Senior Associate

Copenhagen, Denmark
Oaklins Beierholm

View profile Get in touch

Related deals

GroGlass has been acquired by Apogee Enterprises

Private Equity | Other Industries

GroGlass has been acquired by Apogee Enterprises

Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.

Learn more

Capvis has sold hessnatur to Wourth Group

Private Equity | Consumer & Retail

Capvis has sold hessnatur to Wourth Group

Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.

Learn more

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more