Supplier News

Danaher is a diversified technology leader that designs, manufactures, and markets products and services to professional, medical, industrial, and commercial customers. Upon closing of the acquisition, the EskoArtwork business will become a part of Danaher’s Product Identification platform.

“We have been extremely satisfied with our investment in EskoArtwork,” says Sigurd Lilienfeldt, partner at Axcel and responsible for the investment in EskoArtwork. “During Axcel’s ownership, EskoArtwork has repositioned itself into a world leading company within its field. This is not only due to the merger with Artwork Systems, but also because of significant R&D investments leading to a range of new leading edge solutions. This innovation capacity of EskoArtwork has been instrumental for the impressive EBITDA growth during our ownership leading to this very successful exit for Axcel.”