OpenGate Capital has agreed to buy digital cutting business Kongsberg Precision Cutting Systems from Esko-Graphics BV.

Cutting systems manufacturer Kongsberg is a promising investment in the packaging sector, according to OpenGate founder and CEO Andrew Nikou. Private-equity firm OpenGate focuses on acquiring and growing lower middle-market companies in North America and Europe.

Esko-Graphics produces software and hardware for the packaging, labeling and wide-format sectors.