The Flint Group has acquired Xeikon, a leading digital printer manufacturer to the packaging and commercial printing markets, and which has many customers in Australia. Flint will create a new division within its €2.1bn business to be called Flint Group Digital Printing Solutions. It will be led by current Xeikon chief executive Wim Maes, as president. He says, “”This next chapter in our more than 20-year existence opens many opportunities for Xeikon as a company, as well as for our customers, employees, partners and stakeholders.” Grish Rewal, managing director of Xeikon’s Austrailan distributor Absolue Electronics says, “I am proud to announce that Xeikon has been acquired by the Flint Group. “We understand that operationally it will remain the same.” The deal represents a new strategy for Flint, which is best known for its huge range of consumables for all types of printing. Flint Group chief executive Antoine Fady says, “Xeikon has shown that dedication to the digital label, folding carton, commercial and document printing market segments has paid off in terms of market share, customer satisfaction and financial contribution.
Wim Maes, Xeikon CEO and new president at Flint Group Digital Printing Solutions
“Xeikon has a proven history of delivering exceptional value through high-quality, high-productivity, innovative and sustainable solutions for their customers, which fits seamlessly with our own long-term vision for our business. “This new division of Flint Group will further broaden the group’s conventional and digital printing solutions, offering a unique proposition of equipment, consumables and services across its global markets. “This acquisition represents an excellent opportunity for Flint Group, propelling the organisation further into the digital solutions market, where we will continue to deliver on our long term strategy of driving growth through product innovation, focus on developing markets and portfolio expansion.”
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