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Danaher to Acquire EskoArtwork

GENT, Belgium—EskoArtwork announced that its shareholder, the Danish investment group Axcel, has entered into a definitive Sales Purchase Agreement with the U.S. industrial company Danaher for the acquisition of 100 percent of the shares in EskoArtwork for 350 million Euros. The closing of the transaction is subject to customary approvals and is foreseen to be concluded within the first half of 2011.
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.