Industry News, Ink Manufacturers News, Mergers and Acquisitions

Flint Ink and XSYS Print Solutions Agree to Merge Under Sponsorship of CVC

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flint Ink Corporation, Ann Arbor, MI, and XSYS Print Solutions, based in Stuttgart, Germany, have agreed to merge. The merged group will rank among the largest ink companies in every region it serves, with an employee base of 8,000 and combined revenues of approximately US $2.6 billion (€ 2.1 billion), based on 2004 figures. Flint Ink is the largest privately-owned ink manufacturer in the world. XSYS Print Solutions was formed by the merger of BASF Printing Systems and ANI Printing Inks follo...

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