Kongsberg resets as standalone business

OpenGate Capital has completed its acquisition of Kongsberg from Esko, setting it up as a standalone company, Kongsberg Precision Cutting Systems, specialising in developing digital cutting tables for the sign and display markets and increasingly also for packaging.

Stuart Fox, president of Kongsberg PCS

Kongsberg was founded in Norway in 1965 and bought in 1998 by Barco, which later evolved into Esko. The company has headquarters in Gent, Belgium and Miamisburg, Ohio, USA. The acquisition includes the original research and development facility in Kongsberg, Norway, and the production facility in Brno, Czech Republic.

Stuart Fox, president of Kongsberg PCS, commented: “We will be developing strategic initiatives to further innovate our digital finishing hardware and software solutions, as well as growing the Kongsberg brand beyond the packaging industry.” He added: “We will continue investing in our table technology, and in the coming months we will be showcasing the latest developments with our automation solutions.”

You can find further details from kongsbergsystems.com.

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