Patria has finalized the acquisition of Belgium-based digital defence platform provider ILIAS Solutions following the completion of authority approval processes. The financial terms of the deal have not been disclosed.
Pekka Ruutu, Executive Vice-President of Sustainment Solutions at Patria, said:
“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.”
As part of the integration, Patria’s OPTIME service concept will incorporate the ILIAS software suite to provide life-cycle management process support and advanced analytics.
Jean-Pierre Wildschut, Chief Executive Officer of ILIAS Solutions, said:
“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.”
The transfer of business operations to Patria will take effect on 1 September 2025. Both ILIAS Solutions as a company and the ILIAS software suite will continue to operate under their existing names. ILIAS Solutions has offices in Belgium, the Netherlands, the United States, Denmark and Australia.