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.
Antoine Fady
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 announced significant revisions to its debt facilities, which were successfully concluded with its primary investors on March 7. In summary, these revisions mean that Flint Group can take advantage of a longer period before its debt is due to be repaid and will have considerable additional financial flexibility.
Further to its previous announcement regarding Daniel F McDowell, Flint Group regrets to inform that he will now not be joining Flint Group.
Flint Group has appointed Antoine Fady as chief executive officer, effective Jan. 1.
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