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Flint Group announces acquisition of Advanced Color Systems, Inc. (ACS) in North America

Tuesday, February 02, 2016

Press release from the issuing company

Flint Group, as part of its strategy to grow in strategic market segments, has today announced the acquisition of Advanced Color Systems, Inc. (ACS) located in Tualatin, Oregon, USA. Advanced Color Systems manufactures and distributes water-based inks in North America and also exports to some countries outside of North America. With this acquisition, Flint Group strengthens its position and support to the Paper & Board markets in North America.   

“Flint Group is very pleased with this new partnership and the opportunities it presents to expand in the North American Paper & Board packaging market,” said Antoine Fady, CEO, Flint Group. He continued, “Tim Becker, Reed Fowler, and the team at Advanced Color Systems have built a customer focused and responsive organisation with teams dedicated to its clients’ success.  This culture of teamwork and customer satisfaction fits perfectly with Flint Group’s own strategy and vision.”

Tim Becker, President and Owner of Advanced Color Systems comments, “The partnership with Flint Group will add a significant high value raw material stream for our customers in the long term.  Flint Group is truly customer focused; solving immediate needs and concentrating on long term customer cost and solution benefits. Flint Group’s new technologies are world-class; their inks and coatings products will be a great complement to Advanced Color Systems’ product range.”

Mr. Becker continues, “For our employees, they will expand their current journey in this growing market segment along with Flint Group.  For our customers, they can be assured to receive the same great service from their existing ACS contacts and also have access to new Flint Group experts. Our company integrates perfectly into Flint Group’s goals and objectives.  Furthermore, Flint Group’s latest technical innovations will provide exciting new components to our business model.”    

Doug Aldred, President Packaging & Narrow Web states, “This investment by Flint Group is a clear indication of its strategy to grow its business in key packaging segments, such as Paper & Board, and creates a business that is positioned for further growth. We are very pleased to welcome the ACS team to Flint Group – their dedication to all levels of the customer and their culture of responsiveness and integrity fit perfectly with our organisation.”

 

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