Esko and Artwork Systems to Join Forces
The three founders of Artwork Systems have expressed their support for the combination as they believe that joining forces with ESKO is the right solution and provides the optimal basis for securing future growth and development of Artwork Systems.
Carsten Knudsen, who is currently the CEO of Esko-Graphics A/S, will become the CEO of the combined group. Guido Van der Schueren, who is currently the chairman of the board of directors of Artwork Systems Group NV, will become the Chief Commercial Officer leading the new group’s integrated marketing and sales operations. Together with Carsten Knudsen, Guido Van der Schueren will form the Executive Management Board, and both will serve as Executive Directors on the Supervisory Board of Esko. Through a partial investment by Parana, the holding company of Guido Van der Schueren, of the proceeds from the sale of its shares in Artwork Systems Group NV, Guido Van der Schueren will become a significant shareholder of the combined entity, next to Axcel and Management members.
Guido Van der Schueren, founder and Chairman of the Board of Artwork Systems: “Starting from a common background with pre-press software for packaging specialists, Artwork Systems and Esko each have developed into broader and complementary application areas. Our combined portfolio of products and services offers appropriate solutions for virtually any customer in packaging, commercial printing and office/business publishing. Bringing together our expertise and innovative strength opens up significant growth opportunities for our customers and employees alike.”
Peter Denoo, founder and CEO of Artwork Systems: “The co-founders of Artwork Systems have spent a large part of their lives establishing and developing the company as a leader in the pre-press software industry. However, it is clear that consolidation is rapidly picking up and setting the scene also in this market, and it is important for Artwork Systems’ future to be part of this trend.”