Esko to sell Kongsberg to PE firm Richard Stuart-Turner Wednesday, December 16, 2020
Reseller relationships for Kongsberg tables would be transferred to the new company
The Belgian manufacturer, which makes integrated software and hardware products for the packaging, label and wide-format sectors, announced the planned sale yesterday (15 December).
It is subject to any applicable information and/or consultation with employee representative bodies under applicable local law.
The deal would include the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic.
Mattias Byström, president of packaging and colour management companies Pantone, Esko, X-Rite and AVT, said the business is “concentrating our efforts on delivering end-to-end workflow solutions for our customers across the packaging supply chain: from brands to pre-media to packaging printers and converters”.
Esko announces planned sale of Kongsberg business to OpenGate Capital December 15, 2020 by PHD Marketing Ltd.
Esko, a global developer of integrated software and hardware solutions for the packaging, label and wide format sectors, has announced the planned sale of its Kongsberg digital finishing business to OpenGate Capital, subject to any applicable information and/or consultation with employee representative bodies under applicable local law.
The planned sale includes the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic. OpenGate Captial is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents.
Esko to Sell Kongsberg Business to Private Equity Firm
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Esko, a global developer of integrated software and hardware solutions for the packaging, label and wide format sectors, has announced the planned sale of its Kongsberg digital finishing business to OpenGate Capital, subject to any applicable information and/or consultation with employee representative bodies under applicable local law.
The planned sale includes the original research and development facility in Kongsberg, Norway, and the production facility in Brno, Czech Republic. OpenGate Capital is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents.
Esko has announced the planned sale of its Kongsberg digital finishing business to OpenGate Capital to concentrate its efforts on delivering end-to-end workflow technologies.
The planned sale includes the original research and development facility in Kongsberg, Norway, and the production facility in Brno, Czech Republic. OpenGate Captial is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents.
‘Esko is concentrating its efforts on delivering end-to-end workflow solutions for our customers across the packaging supply chain: from brands to pre-media to packaging printers and converters. With a sharpened focus, we can accelerate our delivery of integrated software and hardware technologies to help our customers digitize, automate, and connect their operations so they can realize the growth and efficiency that digital transformation offers.