The Flint Group has confirmed the acquisition of Original Equipment Manufacturer (OEM) Xeikon, a leading digital solutions provider to the packaging and commercial printing markets that “will propel the organization further into the digital solutions market.” In fact, Flint Group has purchased XBC B.V. – a company that holds more than 95% of the shares in Xeikon N.V. Xeikon’s “pioneering products and services” will now form the foundation of a newly created division to be called Flint Group Digital Printing Solutions. This new division will further broaden its conventional and digital printing solutions, offering a “unique proposition” of equipment, consumables and services across its global markets.
“Flint Group is delighted to welcome Xeikon to its organization,” said Antoine Fady, CEO of Flint Group. “Our respective management teams believe this deal will result in significant opportunities for both companies. In addition to our complementary product ranges, we also share a common goal of delivering exceptional value, unparalleled service, consistent quality and continuous innovation. With Xeikon’s innovative digital platform and Flint Group’s reputation, infrastructure and support, Flint Group Digital Printing Solutions has a great deal to offer our customers.”
Flint Group is a privately owned company with headquarters in Luxembourg. With a revenue of $ 2.9 billion (USD) and about 6,800 employees, it’s one of the largest suppliers to the printing and packaging industry in the world. Flint Group operates in 40 countries and has 170 sites in North America, Europe, the Middle East, Africa and Asia Pacific. In Canada, Flint Group has locations in Montreal and Concord, Ontario.
Flint Group acquires OEM Xeikon
