OpenGate Capital completed the acquisition of Kongsberg Precision Cutting Systems from Esko-Graphic.

OpenGate Capital, a company providing investment advisory services, completed the acquisition of Kongsberg Precision Cutting Systems from Esko-Graphic, a global developer of integrated software and hardware solutions for the packaging, label, and wide format sectors. Financial terms were not disclosed. “I am pleased to have the vote of confidence from Esko on a promising investment opportunity in the packaging sector. We look forward to welcoming all of the Kongsberg employees into our expanding, global portfolio and working alongside them to support business objectives and build on the company’s success," Andrew Nikou, OpenGate Capital Founder and CEO.