Technology and engineering company Danaher has agreed to buy color specialist X-Rite, for around $625M. X-Rite, which includes the GretagMacbeth and Pantone brands, has color matching products across a variety of industrial sectors, including medical, textiles and beauty products as well as photography and print production. Danaher says the purchase will complement its Esko packaging and print, and Videojet product coding and marking businesses. X-Rite will continue to operate as a stand-alone company within Danaher's Industrial Technologies group.
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