VALA Group Oy and Siili Solutions Oyj have today signed a contract in which Siili Solutions Oyj acquired 60% of VALA Group Oy’s shares. VALA is reported as part of Siili from 1.8.2018. VALA will continue its operations autonomously and with its current brand.
“We’ve had strong demand for our software automation and robotics knowledge for a good time and during this year we’ve had our first international customers in this segment. With this acquisition our pool of automation experts grows into the size of over 100 people. VALA Group brings us new customers and we’ll also gain synergy advantages in internationalization and in developing our open source software robotics solutions”, comments Timo Luhtaniemi, the CEO of Siili Solutions Oyj
Both parties have the right to execute the trade of the remaining 40% of VALA Group’s shares, however, earliest in the beginning of 2021.
“VALA Group’s vision is to be the happiest company in Finland. Siili shares similar values with us concerning employees’ wellbeing and professional development and thus the decision to join forces was easy. Together we are the Finnish market leader in software automation and in a good position to continue conquering the world”, states Sami Tuomisaari, CEO of VALA Group Oy
Siili Solutions in brief:
Siili Solutions Plc is a leading software integrator and digital service partner that provides the leading Finnish and global companies with technology-independent IT expert services covering their entire information systems. Siili has offices in Finland, Germany, Poland and USA. Siili Solutions Plc shares are listed on Nasdaq Helsinki Ltd. Siili has grown rapidly and profitably since its establishment in 2005. www.siili.com
CEO Sami Tuomisaari
Phone: +358 40 590 5007, email: email@example.com
CEO Timo Luhtaniemi
Phone: 0400 447 464, email: firstname.lastname@example.org