XBC, indirectly controlled by independent private equity firm Bencis Capital Partners, has made a cash offer to all holders of the issued share capital of Belgium-based digital press builder Xeikon. The offer, with a nominal value of €4 per share, expires on 9 January 2014.
Amsterdam-based Bencis, which acquired the Punch Graphix controlling interest in Xeikon in September, is active with current and past investments in Stork Prints, Biegelaar Neroc and Akzo Nobel Inks. It says it aims to strengthen Xeikon's competitive position, creating a basis for long term value creation.
