by JJPFlint Ink
Posted on Thursday, April 10, 2014
Goldman Sachs Merchant Banking Division announced today (April 10th 2014) that it has partnered with Koch Equity Development LLC, a subsidiary of Koch Industries, Inc., to acquire shares representing 100% 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.
Flint Group is a leading global supplier of inks and other print consumables such as flexographic printing plates, blankets, image transfer products and chemicals for press rooms, to the packaging and the print media industries. The company has a global footprint and is the number one or number two supplier in most of the market segments it serves. Flint Group operates 137 sites in 40 countries and employs some 6,600 people.
Jeremy Plimmer has 35 years of experience in the security related print and packaging industry working originally as sales development director for manufacturers of passports, high security print and labels and more recently as a consultant. He is a graduate member of the Chartered Institute of Marketing, a Fellow of the Institute of Minerals, Materials and Mining, chairman of the West Midlands Packaging Society as well as vice chairman of the East Midlands Packaging Society.Read More
The Product & Image Security Foundation is a non-profit making trade association which was originally formed under the name of Label & Tag Security International (LTSI) in the early 1990's.
Today it operates with more than 100 members in 27 countries and is the premier international forum for manufacturers, suppliers and users of labels, tags, packaging, identification systems, materials and systems for any form of product security, brand image protection or product traceability applications and technology.