16 December 2020
Esko Selling Kongsberg Division To Private Equity Company
Kongsberg cutting tables
Kongsberg cutting tables
Esko is set to sell its Kongsberg cutting table  business to private equity  company  OpenGate Capital. Kongsberg was founded in Norway in 1965 and was purchased by Esko (then Barco) in 1998. The sale includes the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic. Esko  makes integrated software and hardware products for the packaging, label and wide-format sectors. Esko  customers with Kongsberg systems will still be serviced with most of the  servicing employees moving over to the  new standalone company.
buying up an assortment of companies in the industry
buying up an assortment of companies in the industry
 OpenGate head office  in Los Angeles and  Paris . OpenGate Capital has made a number of other print and packaging includeing  Fusion Paperboard, a manufacturer of recycled paper products, speciality tapes manufacturer Duraco, high-quality speciality papers manufacturer Kotkamills, and white top testliner paper producer NorPaper.
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