EskoArtwork Sale Is Reported

Published: March 01, 2011

GENT, BELGIUM | EskoArtwork reports its shareholder, the Danish investment group Axcel, has entered into a definitive Sales Purchase Agreement with the US industrial company Danaher for the acquisition of 100% of the shares in EskoArtwork for a purchase price of e350 million. Closing of the transaction is subject to customary approvals and is expected to be concluded within the first half of 2011.

Danaher designs, manufactures, and markets products and services to professional, medical, industrial, and commercial customers. Upon closing, the business will become a part of Danaher's Product Identification platform.

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