EskoArtwork changes hands for €350 million

EskoArtwork’s shareholder, the Danish investment group Axcel, has entered into a definitive Sales Purchase Agreement with the US industrial company Danaher (NYSE: DHR) for the acquisition of 100% of the shares in EskoArtwork at a price of €350 million, in a deal that is expected to be concluded in the first half of 2011.

Danaher is a diversified technology company that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers.  The company’s 47,000 associates serve customers in more than 125 countries and generated $11.2 billion of revenue in 2009.