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Flint Group’s Plan to Acquire Torda Strengthens Its Packaging Ink Business

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

The announcement on Feb. 12 that Flint Group will acquire Torda Ink AB, a leading packaging ink supplier in parts of Europe and the Middle East, strikes me as a clear sign of the times. The transaction is expected to close by the end of March 2010, subject to the approval of the antitrust authorities. Founded in 1947, Torda is a solid mid-sized company, with €23 million ($33 million) in sales in 2009. While the company does manufacture some heatset and coldest news inks, it...

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