Flint Group acquisition completed

The sale of Flint Group to the merchant banking division of Goldman Sachs, in partnership with Koch Equity Development, was announced earlier this year.

The new owners said the transaction will allow Flint Group’s management team to continue to pursue a greater presence in the printed packaging market while fortifying Flint Group’s leadership position in the print media sectors.

Antoine Fady, Flint Group chief executive officer, said: ‘This is a great day for Flint Group employees, our customers and our suppliers.

‘Following the acquisition by our new shareholders, Flint Group now goes forward with a much stronger capital structure and additional flexibility. With that, we can put greater momentum behind the strategies that have already made Flint Group an industry leader. Ultimately, that benefits everyone we do business with.’