Siili Solutions Plc has completed the transaction to purchasing a majority stake of Integrations Group Oy
Siili Solutions Plc press release 2.1.2025 at 11.00
Siili Solutions Plac has today 2 January 2025 completed the transaction to purchase 51% of the Finnish Integrations Group Oy.
Integrations Group is a company specialized in integration projects and services. Siili is committed to purchasing the remaining shares in parts during the coming years under conditions agreed in more detail in the shareholders' agreement.
Integrations Group has 13 employees. The company’s sales in 2023 was EUR 2.3 million and EBIT EUR 0.4 million. After the deal is completed, Integrations Group will continue to operate as its own company, under its own brand.
By purchasing a majority stake of Integrations Group, Siili is implementing the strategic goal of expanding business in growing market of data and generative AI.
For more information:
Tomi Pienimäki, CEO, Siili Solutions
Phone: +358 (0)40 834 1399, email: tomi.pienimaki(at)siili.com
Petri Ahveninen, CEO, Integrations Group
Phone: +358 (0)40 505 1419, email: petri.ahveninen(at)integrations.fi
Distribution:
Main media
www.siili.com/en
Siili Solutions in brief:
Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com/en
