Announced
Completed
Synopsis
Lone Star, a private equity firm, completed the acquisition of the XSYS division from Flint Group, a provider of printing and packaging products. Financial terms were not disclosed. “We are delighted to have completed the sale of our XSYS division. The transaction is attractive, both financially and strategically, for Flint Group as we reinforce our position as a leader in conventional and digital printing consumables and equipment for the structurally growing segments of Paper & Board, Flexible Packaging, and Narrow Web labels. I would like to thank our XSYS colleagues for all of their hard work and wish them well in their future with Lone Star," Steve Dryden, Flint Group CEO.
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