Axcel sells EskoArtwork for €350m

The company specialises in design and pre-production solutions for the packaging industry and generated sales of €184m in 2010. Axcel initially invested in ESKO in 2005 and, as part of its growth strategy, acquired Belgian competitor Artwork Systems in 2007.

The transaction is expected to close during the first half of 2011, following approval by relevant competition authorities.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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