Flint Group: Acquisition of Xeikon and creation of new digital division
Flint Group has announced the acquisition of Xeikon by entering into an agreement to purchase XBC B.V., a company that holds more than 95% of the shares in Xeikon. The company's services and products like digital colour presses and consumables for the global commercial, document, label and packaging market segments will be the foundation of a newly created division to be called Flint Group Digital Printing Solutions.
This new division will further broaden the group's conventional and digital printing solutions, offering a unique proposition of equipment, consumables and services across its global markets. The transaction remains subject to customary closing conditions, including approval by the competition authorities, and should be completed by end of 2015.
