LUXEMBOURG – As part of its growth strategy in emerging markets, Flint Group has launched a new joint venture with Continental Printing Inks and Eagle Ink Systems in South Africa. Operating under the name Flint Group Africa, this new entity combines two of the leading ink and coatings suppliers to the packaging and print media markets in South Africa and the sub-Saharan region.
“Flint Group along with the owners of Continental Printing Inks and Eagle Ink Systems are very pleased with this new partnership and the opportunities it presents to better serve the African market,” said Antoine Fady, CEO, Flint Group. He continued, “Under the guidance of Sampie Hamman, the business we are partnering with has grown to become the largest ink supplier in South Africa with local manufacturing sites in Johannesburg, Durban and Cape Town, where they place a strong focus on customer service and product quality – a strength which fits perfectly with Flint Group’s own strategy and vision.”
The transaction remains subject to customary closing conditions, including necessary regulatory approvals, and should be completed by the last quarter of 2015.