XSYS Print Solutions

It’s a fact that people are attracted to certain genetic traits in others. For instance, some women look for men with blonde hair and blue eyes, while others only date the tall, dark, and handsome types. Some people even take steps to have specific physical attributes—like wearing colored contacts to make their dark eyes appear blue, or sitting in a tanning bed to turn their light skin golden. The world of package printing likes to play these same tricks because, what it really comes down to is, it’s all about the packaging. One of the best ways to add that something special to a

Ann Arbor, Mich.— Flint Group has been selected as the new name for the holding company created by the merger in late 2005 of European-based XSYS Print Solutions and American-owned Flint Ink Corporation. "Flint Group is a strong new leader in all sectors of the worldwide printing, packaging, and colorants industries. It brings together long traditions of superior products, expert service and a commitment to meeting customer needs in all of the major markets of the world," said Dave Frescoln, CEO of the new company. Speaking of the new name, Frescoln said that the selection was based on the need for a structure and

ANN ARBOR, Mich.—The acquisition of U.S.-based Flint Ink Corporation by German-based XSYS Print Solutions was completed on 30 September 2005. The transaction closed following the August approval of the acquisition and subsequent merger by regulatory authorities in Europe and the U.S. The merger will lead to creation of a stronger, global supplier to the graphics and packaging industries with revenues of about $2.6 billion/€ 2.1 billion (based on 2004 results). The new entity will have approximately 8,000 employees in 160 sites in 35 countries, and will rank as the number one or number two supplier in every major region it serves. XSYS Print Solutions

ANN ARBOR, Mich.—American-owned Flint Ink Corporation of Ann Arbor, MI, and XSYS Print Solutions, based in Stuttgart, Germany, have agreed to merge. The merged group will rank among the largest ink companies in every region it serves, with an employee base of 8,000 and combined revenues of approximately US $ 2.6 billion, based on 2004 figures. Flint Ink is the largest privately-owned ink manufacturer in the world. XSYS Print Solutions was formed by the merger of BASF Printing Systems and ANI Printing Inks following their respective acquisitions at the end of 2004 by funds advised by CVC Capital Partners, a leading independent private equity