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Divestiture allows Flint Group to strategically focus and invest further in its packaging inks and digital printing businesses.
September 8, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
\Flint Group announced that it has signed a definitive agreement to sell its XSYS division, which specializes in the development and supply of printing plates, sleeves and adapters, and pre-press equipment to the packaging industry, to an affiliate of Lone Star Funds, a global private equity firm. The transaction remains subject to customary closing conditions, including regulatory approvals. Terms of the transaction were not disclosed. Upon closing, the XSYS management team will be led by Ant...
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