.
MergerLinks Header Logo

Announced

Completed

Lone Star completed the acquisition of the XSYS division of Flint Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Containers and Packaging

Private Equity

Private

protective sleeves

Single Bidder

Acquisition

packaging equipment

Friendly

Luxembourg

Cross Border

Completed

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US