IDEAL PLM will merge with Summ Systems and Pro-STEP in a stock-for-stock exchange and the merged business will operate under the IDEAL PLM Group brand. The merged company will become the leading Siemens Digital Industries Software partner in the Nordic region and Baltic countries and its offering to customers includes industry leading Product Lifecycle Management (PLM), Manufacturing Operations Management (MOM) and Industrial Internet solutions.
Pro Forma Net Sales for the Ideal PLM Group was 17 MEUR (2018) and it employs 110 persons in 5 countries.
Sisu Partners served as exclusive financial advisor to IDEAL PLM Group on this transaction.
Sisu Partners
Advised in the sale of
IDEAL PLM, Summ Systems, Pro-STEP
to