Flint Group fully acquires Continental Printing Inks/Eagle Ink Systems in South Africa through investment in remaining shares13 November 2017
Flint Group fully acquires Continental Printing Inks/Eagle Ink Systems in South Africa through investment in remaining shares
Flint Group is pleased to announce the latest expansion to its African business with the acquisition of the remaining shares in Continental Printing Inks and Eagle Ink Systems. In September of 2015, Flint Group Africa was formed through a joint venture partnership combining two of the leading ink and coating suppliers to the Packaging and Print Media markets in South Africa. As of October 24, Flint Group has become sole owner of the entity.
“The management of Flint Group is extremely pleased with the growth we have seen in South Africa since our partnership with Continental and Eagle Ink Systems started in late 2015. I credit this success to the employees of Continental, Eagle and Flint Group,” comments Doug Aldred, President of Flint Group Packaging.
He continues, “Throughout the transition, our combined team of experts were dedicated to providing unmatched support to customers in the region. Continued best in class service and highest quality products have remained our top priority. As a result of this collaboration, we have already realised new business opportunities and have expanded our position in South Africa.”
Flint Group Africa is the largest ink supplier in South Africa with local manufacturing sites in Johannesburg, Durban, and Cape Town. With a strong emphasis on customer and technical service, Flint Group has been able to deliver exceptional value and quality to printers and converters throughout the region.