Flint Group and Continental Printing Inks and Eagle Ink Systems announced the completion of their joint venture agreement that creates the now combined business, Flint Group Africa.
The transaction allows Flint Group Africa to pursue a greater presence in this important and expanding 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. “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.”
“Printers who work with Flint Group Africa will have a distinct advantage,” noted Bill Miller, president of Flint Group’s global Print Media business. “Because we formulate and manufacture inks, blankets and pressroom chemicals, printers can rely on one trusted company for nearly all their pressroom needs. In addition, Flint Group’s partnership with Continental Printing Inks and Eagle Ink Systems will provide the best in customer service to all of our customers.”
Sampie Hamman, CEO, Flint Group Africa, added: “Printers and converters in Africa can be assured that the combined strength, that is now Flint Group Africa, will satisfy all their needs for high quality, innovative, products. A massive amount of knowledge and expertise is now accessible to printers and converters in the Sub-Saharan Africa region, and we’re looking forward to strengthening existing, and building new, customer relationships.”
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.