Goldman Sachs and Koch Equity Development to Buy Flint Group
FRANKFURT, Germany/NEW YORK - Goldman Sachs Merchant Banking Division announced that it has partnered with Koch Equity Development LLC, a subsidiary of Koch Industries Inc., to acquire shares representing 100% of Flint Group’s share capital from funds advised by private equity firm CVC Capital Partners. Koch Equity Development has agreed to invest with Goldman Sachs in a newly formed entity that will acquire Flint Group.
Flint Group is a global supplier of inks and other print consumables such as flexographic printing plates, blankets, image transfer products and chemicals for pressrooms. With a global footprint, Flint Group operates 137 sites in 40 countries and employs some 6,600 people.