SIA "VMF LATVIA" was established in 1998 and was a subsidiary of VMF Qbera (Sweden). The parent company, which owners are both sellers and buyers, has been working in such sphere in Sweden since 1909

Since January 1, 2006, the owners were VMF Qbera (50%) and SIA "Latvijas Kokmateriālu uzmērīšanas un uzskaites vadība" (50%).

Since November 23, 2010, the owner of SIA "VMF LATVIA" is SIA "Latvijas Kokmateriālu uzmērīšanas un uzskaites vadība".