EskoArtwork today announces that its shareholder, the Danish investment group Axcel had entered into a definitive Sales Purchase Agreement with the US industrial company Danaher (NYSE: DHR) for the acquisition of 100% of the shares in EskoArtwork for a purchase price of €350 million.
The closing of the transaction is subject to customary approvals and is foreseen to be concluded within the first half of 2011.
Mr. Carsten Knudsen, CEO of EskoArtwork says: “This is an important and very positive step in the continued development of the company. I and the entire management team are excited to see Danaher’s strategic interest to acquire the company and develop EskoArtwork as an autonomous business. We see this as a vote of confidence in our strategy and a strong belief in our ability to continue to grow in the future.”
EskoArtwork
www.esko.com
