Sisu Partners advises in a merger of IDEAL PLM, Summ Systems and Pro-STEP

Sisu Partners advised in a merger of IDEAL PLM, Summ Systems and Pro-STEP. Ideal Product Data Oy 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.

IDEAL PLM Group’s objective is to expand in its delivery capabilities and competence areas, as well as to strengthen its competitive edge in new markets and within the customer base. Pro Forma Net Sales for the IDEAL PLM Group was 17 MEUR (2018) and it employs 110 persons in 5 countries.