Goldman Sachs Merchant Banking Division announced that it has partnered with Koch Equity Development LLC, a subsidiary of Koch Industries, to acquire shares representing 100 percent of Flint Group's share capital from funds advised by private equity firm CVC Capital Partners.
Plymouth, Massachusetts-based Flint Group recently launched an offset UV ink series designed to excel on today’s high-speed presses.
PamioStarTM Outdoor was developed in response to growing market demands for inks to withstand extended exposure to the outside elements. Outdoor bag converters in North America will be impressed with the excellent adhesion, color strength and outdoor resistance properties this new ink technology delivers.
The highly volatile raw material cost market in 2011 requires Flint Group to increase prices of packaging inks in North America effective Nov. 1.
Luxembourg-headquartered Flint Group announced the appointment of Doug Aldred as president of the Packaging & Narrow Web – Europe and North America effective immediately.
Flint Group is introducing the new Lithocure Premium™ in Europe and Asia. This new generation UV offset system with outstanding print and press performance is suitable for most label substrates and narrow web applications.
To accommodate its customers who are placing a priority on improving the sustainability of their prepress process, Flint Group Flexographic Products is rolling out a new program to provide a plate waste recovery service to its flexographic printing plate customers in the continental United States.
To meet the increased market demand for low migration UV inks, Flint Group has decided to make a major investment in additional manufacturing equipment for its growing ink product range in its motherplant for narrow web inks in Trelleborg, Sweden.
The printing and packaging industry has had to withstand significant and constant pressure since the economic collapse at the end of 2008. De-stocking of raw materials to this industry has resulted in unprecedented raw material prices, while the price of energy continues to rise towards record levels. Additionally, the chemical industry has consolidated heavily in the last few years, limiting the available global capacities. Serious shortages and unrelenting cost increases are still evolving along with an increasing demand.
To support its customers in placing safe product packages on the market Flint Group has designed a brochure titled "Food Packaging: A Guide to Best Practice for Print" which is now available in several languages.