Flint Group expands into Africa

Ink company Flint Group appears to have bought Continental Printing Inks and Eagle Ink Systems in South Africa though this is not immediately obvious as it’s been presented as a joint venture rather than an acquisition. In any case, the venture will be called Flint Group Africa and will be led by Sampie Hamman, managing director of Continental Printing Inks and Eagle Ink Systems.

Antoine Fady, CEO of Flint Group, explained: “Under the guidance of Sampie Hamman – the business we are partnering with has grown to become the largest ink supplier in South Africa with local manufacturing sites in Johannesburg, Durban, and Cape Town where they place a strong focus on customer service and product quality – a strength which fits perfectly with Flint Group’s own strategy and vision.”

The transaction remains subject to customary closing conditions, including necessary regulatory approvals, and should be completed by the last quarter of 2015.

Leave a Reply

Your email address will not be published. Required fields are marked *