Acquisition of Flint Group by Goldman Sachs and Koch Industries subsidiary complete

Goldman Sachs Merchant Banking Division and Koch Equity Development LLC, have announced the completion of their acquisition of Flint Group from funds managed by CVC Capital Partners. 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.

Flint Group is the number one or number two supplier in most of the market segments it serves and operates 137 sites in 40 countries and employs some 6600 people.

"This is a great day for Flint Group employees, our customers and our suppliers,” said Antoine Fady, CEO, Flint Group. "Following the acquisition by our new shareholders, Flint Group now goes forward with a much stronger capital structure and additional flexibility,” he added.