Flint Group Confirms Sale of European Publication Gravure Ink Business
Flint Group has confirmed the sale of its European publication gravure ink business to Sun Chemical in a deal that includes all product portfolios relating to Flint Group’s European publication gravure product range.
“We are pleased to have reached this agreement with Sun Chemical, securing the long-term supply for our publication gravure customers in Europe,” says Tony Lord, Flint Group’s general manager of print media Europe. “Flint Group’s decision to sell its European publication gravure business is in line with the organization’s long-term strategy to increase focus on its core web offset markets, where it continues to build on its market position, as evidenced by the recent purchase of Siegwerk’s global web offset business and expansion of its global print media business.”
Flint Group’s publication gravure customers outside of Europe will remain unaffected by these changes, with business continuing as usual.