PLM Group Expands into Advanced Simulation

PLM Technology has many customers, within many industries, working with 3D product design and advanced simulations in Norway. Typically, customers use simulation to speed up time to market, improve product performance and quality.

“The customers and expertise of PLM Technology AS will accelerate our ambitions to become a leading partner for advanced simulation in the Nordic region,” Jan Lundström, CEO of PLM Group.

“The importance of virtual testing in product development will continue to grow and we will be able to offer both stand-alone solutions and solutions integrated in our 3DEXPERIENCE platform through SIMULIA and ABAQUS from Dassault Systèmes. We strive to give all our customers access to advanced simulation expertise. As a bonus with this acquisition, we are also expanding our CAD offer from SOLIDWORKS to also include CATIA”, says Jan Lundström.

After building PLM Technology AS for 17 years, Kjell-Ove Fredhjem is confident of his decision. “I entrust the company and our customers to a qualified, reliable and stable owner. Many of our customers already have a good relationship to PLM Group since they have SOLIDWORKS. ”

Fredhjem will continue to work with the new owners until the end of 2022 to ensure a smooth transition process and to support PLM Group’s development of an advanced simulation business.
“When merging, we will be able to deliver even greater value to all our common customers,” Kjell-Ove Fredhjem adds.

“It is great to see the continued investment and commitment to Dassault Systèmes, by PLM Group with this acquisition of PLM Technology AS” says John Kitchingman MD EuroNorth, Dassault Systèmes. “This really underpins their ambition to deliver Virtual Twin capability across a wider set of clients, industry and region, with clear depth of proven industry experience and technology skills.”

Additional information
Jan Lundström, CEO, PLM Group, +46 707 173876
Kjell-Ove Fredhjem CEO, PLM Technology AS, +47 92 267681
www.plmgroup.eu

About PLM Group
PLM Group, the largest Dassault Systèmes SOLIDWORKS partner in Nordics and Baltics, empowers the manufacturing industry to build sustainable business models by digitizing and connecting their value chains.

We provide teams with tools and knowledge to create, manufacture, and market their innovative products. We work with industry leading 3D Printers from HP, Markforged, and 3D Systems to create best in class additive manufacturing solutions — from prototyping to end-user parts.

We serve over 6,000 customers with a turnover of 41 million Euros through local organizations in Sweden, Denmark, Norway, Finland, Estonia, and Latvia.

PLM Group is part of LMT Group which is one of the seven holdings in the family-owned Liljedahl Group.

About PLM Technology
PLM Technology AS was founded by Kjell-Ove Fredhjem in January 2005 as an IBM Business Partner with the goal of selling Product Lifecycle Management (PLM) Solutions. After some years, PLM Technology became the #1 reseller of CATIA and later the #1 reseller of SIMULIA ABAQUS in Norway. Already in 2014, they started their first customer on 3DEXPERIENCE. Today they serve customers within many industries as: Marine and Offshore, Industrial Equipment, Governmental, Suppliers to Defence, Automotive, Academics, Research institutions and others.

A link to English publication on PLM's website can be found at the bottom of the attached press release.