Flint Group and Lindgens signed Joint Venture agreement
Press release from the issuing company
(Luxembourg, 3 December 2008) Flint Group and Lindgens Metal Decorating Coatings & Inks today announced the signing of a Joint Venture agreement comprising Flint Group's metal decorating inks business in Australia and New Zealand.
In May Flint Group acquired the metal decorating inks business as part of the acquisition of Siegwerk's packaging inks business in Australia and New Zealand. Lindgens specialise in inks and coatings for metal decoration and today is a major player in this market.
"We are combining resources to bring more value to our customers. Flint Group brings invaluable industry experience and a strong local presence, while Lindgens bring their expertise for this specialty application. An excellent partnership," says Charles Knott, CEO of Flint Group.
"Lindgens is delighted to be joining forces with Flint Group in Australia and New Zealand to build on the work we have been doing in Metal decorating in these markets over the past years. This partnership will allow Lindgens to bring considerably more focus and resource to ANZ and we look forward to the opportunity to work together with the many metal decorating customers in this region", says Andrew Garner, CEO of Lindgens Group.
The joint venture will be located in Hallam, Australia.
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