PLM Group sold to a number of financial investors

PLM Group, the largest Nordic supplier of technical software solutions and services in connection with Product Lifecycle Management (PLM), has been sold to a number of financial investors led by Morten Strømsted. The CEO and co-owner, Jess Frandsen, will continue as shareholder of the Company.

PLM Group is the largest Nordic value added reseller of SolidWorks PLM software and related services. The solutions are based on software with 3D capacity, and are used in connection with product development. All tools are closely integrated and share data. The software thereby helps in administrating all parts of a product’s lifecycle – from creation to disposal. For example in connection with design, simulation, documentation, automation, and administration of product data.

Besides these solutions, a number of services are offered, such as software integration and implementation, as well as training and support. PLM Group was established in December 2009 as a merger between the three leading SolidWorks VARs in Denmark, Sweden, Finland and the Baltics, respectively.