Patria has completed the acquisition of ILIAS Solutions
Patria announced on 29 January 2025 the acquisition of Belgium-based digital defence platform provider ILIAS Solutions. The required authority approval process of the acquisition has now been concluded. The acquisition price is not disclosed by the parties.
“This strategic milestone marks a significant step forward in Patria’s capability to have a leading position in the digital transformation of defence. With ILIAS Solutions now part of Patria group, we are delivering faster insights, greater asset visibility, and smarter sustainment solutions to our customers", says Pekka Ruutu, Executive Vice-President, Sustainment Solutions at Patria.
Patria OPTIME will be powered by ILIAS, as the ILIAS Solutions software suite will digitally strengthen Patria’s OPTIME service concept, providing best-practice life-cycle management process support and state-of-the-art analytics capability.
“Patria and ILIAS Solutions are highly complementary, and it is inspiring to see how seamlessly our teams work together. We see significant growth potential in ensuring optimal equipment performance both in the European market and globally,” says Jean-Pierre Wildschut, Chief Executive Officer of ILIAS Solutions.
The business will be transferred to Patria on 1 September 2025. As both ILIAS Solutions as a company and the ILIAS software suite are renowned and distinguished brands in their respective market areas, they will continue to operate under their own names. ILIAS Solutions has offices in Belgium, the Netherlands, the US, Denmark, and Australia.
Media enquiries and further information:
Sirje Ahvenlampi-Hyvönen, Vice President, Group Communications, Patria, tel. +358 50 557 3822, [email protected]
Patria OPTIME: www.patriagroup.com/products-and-services/sustainment-solutions/patria-optime
Patria is a modern and international defence and technology company with over 100 years of experience. Through our top-notch experts and Protected Mobility, Defence and Weapon Systems and Sustainment Solutions business areas, we ensure reliable operations for our customers and serve as a partner in critical functions on land, sea and air - when if is not an option. Patria has offices in Finland, Sweden, Norway, Belgium, the Netherlands, Germany, Latvia, and Japan.
Patria is owned by the State of Finland (50.1%) and Norwegian Kongsberg Defence & Aerospace AS (49.9%). Patria owns 50% of Nammo, and together these three companies form a leading Nordic defence partnership.
www.patriagroup.com
With over 30 years of dedicated service to the defense sector, ILIAS Solutions excels in providing off-the-shelf commercial software solutions focused on military needs. ILIAS Defense Platform orchestrates supply, inventory, maintenance, training, deployments and operations across land, sea and air. Designed by military subject matter and IT experts, this 5th-generation platform equips military commanders with comprehensive tools for managing complex assets, executing processes, and promoting data-driven decision-making. ILIAS integrates seamlessly with existing systems, ensuring minimal disruption while avoiding bespoke development for core military requirements.
www.ilias-solutions.com
