Danaher Acquires EskoArtwork from Axcel in Share Purchase AgreementJanuary 21, 2011
Danaher is a diversified technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. Our portfolio of premier brands is among the most highly recognized in each of the markets we serve. Driven by a foundation provided by the Danaher Business System, our 47,000 associates serve customers in more than 125 countries and generated $11.2 billion of revenue in 2009. For more information please visit our Website: www.danaher.com
Axcel was founded in 1994 and now has a wide range of Danish and international investors. Axcel focus on medium-sized companies in Denmark and Sweden. Axcel has a total committed capital of approximately DKK 10 billion through four private equity funds. With 35 investments, Axcel has made more investments in medium-sized Danish companies than any other private equity fund in Denmark. So far, 21 of the companies in which Axcel have invested has been further developed and sold. Today Axcel’s investments comprise 16 companies in widely differing sectors with an overall turnover of approximately DKK 13.5 billion and approx. 13,000 employees. Since its inception, Axcel has built a comprehensive industrial network in Denmark, Sweden and abroad, not least by making more than 45 significant add-on acquisitions. www.axcel.dk
Source: Company press release.