FORTERRO ACQUIRES SYLOB GROUP
Change in ownership reinforces focus on mid-market ERP for industrial companies
London, UK, May 11, 2016
Forterro®, a group of European ERP software and services companies, today announced that it has acquired privately-held Sylob, a leading supplier of ERP software for small to mid-market manufacturers of industrial products in France. The details of the transaction were not disclosed.
Forterro also operates the Swedish ERP software company Jeeves and the Swiss ERP software company SolvAxis.
“Sylob’s strong brand and loyal and growing customer base are both testaments to the high caliber of products, people and operations we have added to Forterro,” said Scott Malia, COO of Forterro.
“We couldn’t be more thrilled to partner with Sylob, and believe the company is a perfect fit within our portfolio of market-leading, specialized ERP products.”
Jean-Marie Vigroux, Founder and President of Sylob Holding, and Sylvie Castres, President of Sylob SAS, will continue managing the business with the support of their existing management team.
“Both Forterro and Sylob are taking a long-term view on the partnership,” said Vigroux.
“From the start, we already have strong alignment with Forterro’s beliefs on the ERP software market and approach to managing product roadmaps and customer relationships. But we will take our time to collaborate and find the synergies. Our first priority is always to continue taking care of our customers.”