Limburgse Reconversie Maatschappij

Limburgse Reconversie Maatschappij (LRM) is a prominent public investment company based in Hasselt, Belgium, dedicated to fostering economic growth and development within the Limburg province. As a strategic partner for businesses, LRM's core mission revolves around providing risk capital, growth capital, and real estate solutions to companies across various sectors critical to the region's future. These sectors include advanced manufacturing, logistics, tourism, energy, life sciences, ICT, and the circular economy, reflecting a broad commitment to innovation and sustainability. LRM acts as a catalyst, aiming to strengthen the economic fabric of Limburg by supporting both nascent start-ups and established enterprises.

LRM's investment approach is characterized by its flexibility and long-term perspective, offering various forms of financing, including equity, mezzanine, and loans. The firm typically provides initial cheques ranging from €100,000 to €10 million, demonstrating its capacity to support a wide spectrum of companies, from early-stage ventures requiring seed funding to more mature businesses seeking significant growth capital. LRM often engages in co-investments, collaborating with private investors, banks, and other public entities to maximize the impact and reach of its funding initiatives. This collaborative model underscores its role as a key player in the regional investment ecosystem.

The impact of LRM on the Limburg economy is substantial. In 2023 alone, LRM invested a remarkable €120 million into Limburg-based companies, underscoring its active role in stimulating local enterprise. Its extensive portfolio currently encompasses over 200 companies, collectively supporting approximately 14,000 jobs across the province. Beyond financial injections, LRM also provides strategic guidance and expertise, helping portfolio companies navigate challenges and capitalize on growth opportunities. By focusing on sustainable projects and job creation, LRM continues to be a vital engine for the socio-economic development of Limburg, reinforcing its position as a cornerstone of regional prosperity.