Flint Acquires Advanced Color Systems to Serve North American Market
LUXEMBOURG—February 2, 2016—Flint Group, as part of its strategy to grow in strategic market segments, announced the acquisition of Advanced Color Systems (ACS) located in Tualatin, Oregon. ACS manufactures and distributes water-based inks in North America and also exports to some countries outside of North America. With this acquisition, Flint Group strengthens its position and support to the paper and board markets in North America.
“Flint Group is very pleased with this new partnership and the opportunities it presents to expand in the North American paper and board packaging market,” said Antoine Fady, CEO, Flint Group. “Tim Becker, Reed Fowler and the team at Advanced Color Systems have built a customer focused and responsive organization with teams dedicated to its clients’ success. This culture of teamwork and customer satisfaction fits perfectly with Flint Group’s own strategy and vision.”
Tim Becker, president and owner of Advanced Color Systems, also commented, "The partnership with Flint Group will add a significant high value raw material stream for our customers in the long term. Flint Group is truly customer focused; solving immediate needs and concentrating on long term customer cost and solution benefits. Flint Group’s new technologies are world-class; their inks and coatings products will be a great complement to Advanced Color Systems’ product range."
He continued, "For our employees, they will expand their current journey in this growing market segment along with Flint Group. For our customers, they can be assured to receive the same great service from their existing ACS contacts and also have access to new Flint Group experts. Our company integrates perfectly into Flint Group’s goals and objectives. Furthermore, Flint Group’s latest technical innovations will provide exciting new components to our business model.”
Doug Aldred, president, packaging and narrow web, also noted, "This investment by Flint Group is a clear indication of its strategy to grow its business in key packaging segments, such as paper and board, and creates a business that is positioned for further growth. We are very pleased to welcome the ACS team to Flint Group—their dedication to all levels of the customer and their culture of responsiveness and integrity fit perfectly with our organization."
About Advanced Color Systems
Advanced Color Systems was established in 2000 by partners Tim Becker and Reed Fowler. Advanced Color Systems manufactures and distributes water-based printing inks within the U.S. and also exports to some countries outside of North America—its business model focuses specifically upon customer needs and expectations. Success through this business model has been impressive. Advanced Color Systems attributes the largest part of their success to the integrity, work ethics and skill sets of its employees.
About Flint Group
Flint Group is dedicated to serving the global printing and packaging industry. The company develops, manufactures and markets an extensive portfolio of printing consumables, including: a vast range of conventional and energy curable inks and coatings for most offset, flexographic and gravure applications; pressroom chemicals, printing blankets and sleeves for offset printing; photopolymer printing plates and sleeves, plate-making equipment and flexographic sleeve systems; pigments and additives for use in inks and other colorant applications. Flint Group strives to provide exceptional value, consistent quality and continuous innovation to customers around the world. Headquartered in Luxembourg, Flint Group employs some 6,800 people.
Source: Flint Group.