Latest Breaking News On - Kongsberg precision cutting - Page 2 : vimarsana.com
Esko Successfully Closes Sale of Kongsberg Business To OpenGate Capital Esko, a global developer of integrated software and hardware solutions for the packaging and label sectors, has confirmed the successful closing of the sale of its Kongsberg digital finishing business to OpenGate Capital on April 1st 2021.
Login or register now to gain instant access to the rest of this premium content!
Esko, a global developer of integrated software and hardware solutions for the packaging and label sectors, has confirmed the successful closing of the sale of its Kongsberg digital finishing business to OpenGate Capital on April 1st 2021.
OpenGate Capital is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents. The new business, Kongsberg Precision Cutting Systems, now employs ~400 former Esko employees operating from the business’ original research and development facility in Kongsberg, Norway, the production facility in Brno, Czech Republic, a new headquarters in Gent, Belgium as well as other global locations.
NorwayCaliforniaUnited-statesCzech-republicParisFrance-generalFranceKongsbergBuskerudBelgiumMattias-bystrLos-angelesEsko, a global developer of integrated software and hardware solutions for the packaging and label sectors, has confirmed the successful closing of the sale of its Kongsberg digital finishing business to OpenGate Capital on April 1, 2021.
OpenGate Capital is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents. The new business, Kongsberg Precision Cutting Systems, now employs ~400 former Esko employees operating from the business’ original research and development facility in Kongsberg, Norway, the production facility in Brno, Czech Republic, a new headquarters in Gent, Belgium as well as other global locations.
NorwayCaliforniaUnited-statesCzech-republicParisFrance-generalFranceKongsbergBuskerudBelgiumMattias-bystrLos-angelesEsko, a global developer of integrated software and hardware for the packaging and label sectors, has successfully closed the sale of its Kongsberg digital finishing business to OpenGate Capital.
OpenGate Capital is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents. The new business, Kongsberg Precision Cutting Systems, now employs approximately 400 former Esko employees operating from the business’ original research and development facility in Kongsberg, Norway, the production facility in Brno, Czech Republic, a new headquarters in Gent, Belgium, as well as other global locations.
Mattias Byström, president of Pantone, Esko, and X-Rite, said: ‘This sale enables both Esko and Kongsberg Precision Cutting Systems to develop their own strategic directions. Under the leadership of Stuart Fox, we’re sure Kongsberg Precision Cutting has exciting times ahead. We wish the team the very best for the future.’
NorwayCaliforniaUnited-statesCzech-republicParisFrance-generalFranceKongsbergBuskerudBelgiumMattias-bystrLos-angeles