IndustryNew Acqu it FLINT GROUP fo
Acquisitions cont the conv
nverting ve
FLINT GROUP ACQUIRES PRINTEC INDUSTRIES IN NORTH AMERICA
QUIRES PRINTEC INDUSTRIES IN NORTH AMERIC
Flint Group has announced the acquisition of Printec Industries, located in Georgia, USA. Printecmanufafactures and sells water-based inks for flexo and gravure applications to a group of key printers in the North American region.With this acquisition, Flint Group strengthens its position and suppor t to the paper and board segment in North America. With the intent of expanding its packaging businesses in theNorth American region, Flint Group recently acquired Advanced Color Systems and American Inks and Coatings. The addition of Printec is another step in this strategic journey to support customers in this region. Doug Aldred, president Flint Group
packaging and narrowweb, said: “As a key supplier of inks and coatings fofor high-end paper applications, Printec’s expertise and products, combinedwith the infrastructure of Flint Group, will benefit our current and future customers.”
ACQUISITION OF CLONDALKIN FLEXIBLE CKAGING GROUP BY EGER A
QUISITION OF CLONDALKIN FLEXIBLE PACK GING GROUP
EGERIAI
Egeria, the Dutch-based private equity firm, has signed an agreement to acquire 100 per cent of the shares of Clondalkin Flexible Packaging Group froman affiliate o fW a Completion is expected t
o occur in Q4 2016. rburg Pincus.
Clondalkin is a global flexible packaging manufafacturer. The company comprises 11
ng industr y
Germany, Switzerland, United Kingdomand USA supplying over 45 countries, with a turnover of approximately €400million.
PaddyMullaney, CEO of Clondalkin, said: “W e are delighted to teamup with Egeria fofor the next step of our development plan. Egeria’s experience in supporting businesses will further facilitate and strengthen Clondalkin’s continued development and expansion.”
CONSTANTIA FLEXIBLES ACQUIRES FLEXIBLE
ONSTA TANTIA FLEXIBLES FLEXIBLE PACKAGING BUSINESS CK GING BUSINESS
Constantia Flexibles Group is strengthening its position in the European pharmaceutical packaging industry through the acquisition o f the flexible packaging business owned by the Italian company Lamp S an Prospero.
Founded in 1963, Lamp’s core products are printed aluminiumblister fofoil and coldfoform slitting foformajor pharmaceutical companies. Pierre-Henri Bruchon, executive vice president and head of Constantia Flexibles’Pharma division, said: “Lamp gives us greater access to the Southern European pharmaceuticalmarket and fits inwith our satellite production concept in Europe,which optimises producti on and logistic processes, thus providing best-in-class service close to our customers’ fa
facilities.” manufafacturing sites in The Netherlands,,y
Constantia Flexibles also recently acquired the labels company Pemara in Southeast Asia, flexible packaging company Afripack in South Africa and the pharmaceutical packaging company Oai Hung in Vietnam.
Iggesund Paperboard at the top again P
from Stora Enso. Incada placed third among the 14 brands that qualified for the list of European leaders, according to the converters. ‘Value for money’ and ‘quality consistency’ are the most important factors for converters’ choice of paperboard. Their highest service priorities are availability and delivery reliability. “We rarely comment negatively about Incada’s quality and we always receive excellent technical service,” said a UK converter specialising in cosmetics and other beauty products. “Invercote has been our main paperboard
choice for many years and it functions well in our production,” said another UK converter. “We’re incredibly pleased and proud of our
wonderful and strong brands, which are so important to our customers, colleagues and businesses,” commented Charlotte Lagerwald, marketing strategy director, responsible for managing and caring for Iggesund’s brands. “When our customers and other stakeholders also rank us so highly, it proves we are doing the right things and also helping our customers to be successful.”
www.convertermag.co.uk October 2016 9 QUIRES
Newsew s nt inueacross
aperboard manufacturer Iggesund Paperboard’s market-leading brands Invercote and Incada are again among the three most valuable brands on the European paperboard market, concluded a newly released brand survey of European converters and brand owners done by Opticom International Research. The converters chose Invercote as the clear leader, significantly ahead of number two, Performa
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