Joint Venture Agreement Creates Flint Group Africa
LUXEMBOURG - Flint Group and Continental Printing Inks and Eagle Ink Systems announced the completion of their joint venture agreement that creates the new combined business, Flint Group Africa. The transaction will allow Flint Group Africa to pursue a greater presence in the continent.
“Flint Group and Continental Printing Inks are very pleased with this new partnership and the opportunities it presents to the customers in this important and growing region,” said Antoine Fady, CEO, Flint Group. He continued, “We are looking forward to working with Sampie Hamman and his team to further grow our business together and bring customers in Africa the combined expertise of both Flint Group and Continental Printing Inks.”
Doug Aldred, President Packaging and Narrow Web for Flint Group, said, “Geographical expansion is a key pillar of our strategy, and Africa is an important growth region for the packaging industry. The significance of Africa is evident by the recent entry of the large multinational converters; this aligns perfectly with Flint Group’s global value proposition.”
This new entity combines two of the leading ink and coatings suppliers to the packaging and print media markets in Sub-Saharan Africa, positioning Flint Group Africa as the largest ink supplier in this growing market.
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