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Flint Group Sold to Goldman Sachs, Koch; Eyes Potential Takeover Targets

Company will emphasize growth through expansion of packaging business, acquisitions

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Flint Group, the world’s second largest printing ink manufacturer, was acquired today by Goldman Sachs Merchant Banking Division and Koch Equity Development LLC, a subsidiary of Koch Industries, Inc. Goldman Sachs and Koch Equity acquired 100% of Flint Group’s share capital from funds advised by CVC Capital Partners, a private equity firm.   Reuters and Bloomberg reported that Flint Group was valued at $3 billion (€2.2 billion) for the deal, which is subject to customary closing conditions and s...

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