EskoArtwork Sold to U.S. Manufacturer Danaher

GENT, BELGIUM—Danish investment group Axcel has come to terms with U.S. industrial company Danaher for the acquisition of 100 percent of the shares in EskoArtwork for a purchase price of about $470 million.

The closing of the transaction is subject to customary approvals and is expected to take place in the first half of 2011. Upon closing, the business will become a part of Danaher's Product Identification platform.