# Tenshi Group acquires 51% stake in LMG for medtech expansion

Tenshi Group, through its Swiss subsidiary Dvise Medtech, acquired a 51% majority stake in Brazilian medtech company LMG (Laser Medical Group). The deal includes over R$160 million in investments for R&D and export, with plans for a new factory in Brazil and physical structures in Switzerland and South Korea.

- Type: Acquisition
- Announced: 2026-08-12
- Where: Brazil
- Value: $29.0M (160.0M BRL)
- Status: announced
- Products: medical laser technologies, dermatology devices, aesthetic medicine devices, plastic surgery devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Dvise Medtech](https://endata.com/companies/93522.md) (acquirer)
- [Tenshi Group](https://endata.com/companies/93523.md) (investor)
- [Tenshi Group](https://endata.com/companies/93523.md) (partner)
- [LMG (Laser Medical Group)](https://endata.com/companies/93524.md) (target)
- [LMG](https://endata.com/companies/93531.md) (target)

## Sources

- [em.com.br](https://www.em.com.br/networking-e-negocios/2026/08/7478634-grupo-global-escolhe-lmg-do-brasil-para-expansao-internacional-em-medtech.html), 2026-08-12: "A LMG (Laser Medical Group), que desenvolve tecnologias avançadas para a medicina nas áreas de dermatologia, medicina estética e cirurgia plástica, firmou uma parceria estratégica com o grupo global de healthcare e medtech sediado em Bangalore, na Índia."
- [agazetamg.com](https://agazetamg.com/2026/08/12/lmg-inicia-expansao-internacional-apos-operacao-com-grupo-global-de-medtech/), 2026-08-12: "A LMG foi fundada para levar ao mercado novas tecnologias capazes de aprimorar a prática clínica e oferecer resultados concretos para médicos e pacientes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.