Dave Frescoln

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.—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