Esko (company)

Last updated
Esko
Company typeSubsidiary of Veralto Corporation (NYSE: VLTO)
Industry Graphic arts
Founded Ghent, Belgium (2002)
Headquarters,
Key people
Mattias Byström, President [1]
Number of employees
1800 (2018)
Website www.esko.com

Esko, formerly called EskoArtwork, is a graphic arts company producing prepress software and hardware for the packaging and labels, sign and display and publishing industries. [2] Esko is headquartered in Ghent, Belgium and is a subsidiary of Veralto Corporation. [3]

Contents

History

Esko was the result of a merger between Barco Graphics and Purup-Eskofot A/S in 2001. [4] The merged company was called Esko-Graphics but was renamed Esko in 2006. In the fall of 2005, Esko became fully owned by Axcel, a Danish private financial company. [5]

In August 2007 Esko announced that it was 'joining forces' [6] with Artwork Systems Group NV (AWS), its chief competitor in the packaging prepress market. [7] Esko initially bought 76.69% of AWS shares for €196 million. [8] Enfocus, a brand of PDF pre-flighting and workflow software originally acquired by Artwork Systems in 2000, became a subsidiary of the combined EskoArtwork company. [9]

Reflecting the merger, Esko changed its name to EskoArtwork. It also introduced a new logo, though it is visually very close to the Esko original.

In January 2011, 100% of EskoArtwork shares have been transferred to Danaher. [10] In January 2012, the name changed back to Esko, the logo was also updated. Esko acquired CAPE Systems [11] (a palletization software vendor) in 2013, MediaBeacon [12] (a Digital Asset Management vendor) in 2015 and Blue Software, LLC [13] (a label and artwork management software vendor) in 2018. At the end of September 2023, Danaher spun-off its Environmental and Applied Solutions segment as Veralto Corporation. [14]

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References

  1. "Udo Panenka named new president of Esko | Labels & Labeling x". Labelsandlabeling.com. 2014-11-19. Retrieved 2016-08-08.
  2. "A business model for the future - Print News | Packaging News | Wide Format news | Print | i-grafix | Australia, New Zealand and Asia". I-grafix.com. Retrieved 2016-08-08.
  3. "Our companies – Veralto". www.veralto.com. Retrieved 2023-10-06.
  4. "Graphics and Purup-Eskofot to merge". Barco.com. 2001-09-07. Retrieved 2016-08-08.
  5. "Esko-Graphics continues packaging growth strategy with Danish private equity investment company Axcel". Archived from the original on 2010-04-09. Retrieved 2012-01-13.
  6. "Esko and Artwork Systems to Join Forces to Consolidate Packaging Strengths | Package Design". Packagedesignmag.com. 2009-10-19. Archived from the original on 2016-08-20. Retrieved 2016-08-08.
  7. "Package deal - Print News | Packaging News | Wide Format news | Print | i-grafix | Australia, New Zealand and Asia". I-grafix.com. Retrieved 2016-08-08.
  8. "Esko Acquires Artwork Systems". Label and Narrow Web. Retrieved 2016-08-08.
  9. "Classic PitStop developer Enfocus Software acquired by Artwork Systems". Planetpdf.com. 2016-04-11. Retrieved 2016-08-08.
  10. Will Daley (2011-01-20). "Danaher to Acquire EskoArtwork for 350 Million Euros". Bloomberg. Retrieved 2016-08-08.
  11. "Esko Buys Cape Systems". 6 September 2013.
  12. "Esko to Acquire Mediabeacon".
  13. "Esko Acquires Blue Software". 20 July 2018. Archived from the original on 24 October 2018. Retrieved 24 October 2018.
  14. Corporation, Danaher (2023-09-30). "Danaher Corporation Completes Separation of Veralto Corporation". www.prnewswire.com. Archived from the original on 2023-10-01. Retrieved 2023-10-01.