Flint Group acquires ACS in North America
The Flint Group has purchased Oregon-based water-based inks manufacturer Advanced Color Systems.
February 2, 2016
by Canadian Packaging staff
TUALATIN, OREGON—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.
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 and 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 and board packaging market,” says Flint Group chief executive officer Antoine Fady.
Continuing, he adds: “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.”
Advanced Color Systems president Tim Becker states, “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.”
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 and 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 and 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 organization.”
Flint Group is a privately-owned company with its headquarters in Luxembourg. With a revenue of US$ 2.9 billion and about 6,800 employees Flint Group is one of the largest suppliers to the printing and packaging industry worldwide. Flint Group has 170 sites in North America, including Canada, and Latin America, Europe, the Middle East, Africa and Asia Pacific, and operates in 40 countries.
For more information on Flint Group, visit www.flintgrp.com.