OpenGate Capital acquires Kongsberg precision cutting systems

OpenGate Capital, a global private equity firm, has completed the acquisition of Kongsberg Precision Cutting Systems (“Kongsberg”), from Esko. Kongsberg is a manufacturer of digital cutting systems, a global developer of integrated software and hardware solutions for the packaging, label, and wide format sectors.

Established in 1965, Kongsberg is a recognized leader in providing high speed, clean, precision cutting for packaging, signage, and display purposes with operational facilities in Belgium, Czech Republic, and Norway. OpenGate intends to leverage the firm’s OGx platform to accelerate Kongsberg’s growth. Launched in 2018, the firm’s proprietary OGxplatform is an operational capability for fostering digital transformation. OGx combines continuous innovation with strategic partnerships to fulfill a vision of driving commercial excellence, operational growth and, ultimately investment performance.