EskoArtwork is set to become the dominant name in the packaging pre-press sector following the completion of the merger between the two market leaders.The company said yesterday (27 August) that it had completed the deal, which was initially announced on 2 August.
Esko is paying £7.70 (€11.50) a share for the stakes of the three principal shareholders of Artwork Systems.
The combined company has almost 1,000 staff and revenues in excess of £120m.
Pre-press firm Wyndham Kestrel, which uses products from both companies, was optimistic about the merger. "We're looking forward to seeing how they intend to combine their product and service offering," said technical manager Gary Curtis.
Bart and Peter Denoo and Guido van de Scheuren set up Artwork in 1992. The three men were also the founders of Barco Graphics, which became Esko following the merger with Purup Electronics.
Source: packagingnews
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