Following its recent change of ownership, Flint Group has announced a new advisory board to oversee and support it executive management team. Succeeding Charles Knott is Pierre-Marie De Leener, who was selected to lead the new advisory board. The board's executive director is David Scheible, currently the chairman and CEO of Graphic Packaging.
Flint Group’s dayGraphica 4600 heatset blanket maintains gauge, resists smashes and greatly limits blanket memory challenges.
Goldman Sachs Merchant Banking Division and Koch Equity Development, have completed their acquisition of Flint Group from funds managed by CVC Capital Partners. The transaction will allow Flint Group’s management team to continue to pursue a greater presence in the printed packaging market while fortifying Flint Group’s leadership position in the print media sectors.
Effective July 1, 2014, Flint Group North America’s silicone prices increase 15 percent.
A new ultra-low VOC press wash for heatset and coldset web printers has been introduced by Flint Group North America.
Commercial Printing Industry News Briefs from Printing Impressions’ May 2014 edition, including Standard Register, Gannett Co., Flint Group, Adman Printing, Taylor Corp., 4over Inc., Roosevelt Paper and Imprimerie Reflet.
NEW YORK—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. Koch Equity Development has agreed to invest with Goldman Sachs in a newly formed entity that will acquire Flint Group.
Goldman Sachs Merchant Banking Division has partnered with Koch Equity Development, 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.
Flint Group has launched Ultraking XCURA and Ultraking XCURA LED, the next generation of UV low energy and UV LED curing ink technology for Sheetfed offset applications. Both Ultraking XCURA and Ultraking XCURA LED products have high color strength, display sharp ink/water stability and require lower levels of energy to operate.
Flint has announced a 15-percent price increase on Varn Anti-Set-off spray powder. Like all spray powders, this product is starch based and that industry is experiencing a supply/demand imbalance due to years of sub-par crop yields, exacerbated by the drought.