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People & Business :: M&A

Goldman Sachs, Koch Industries partner to acquire Flint Group (updated)

1:40 PM MDT | April 11, 2014 | Robert Westervelt

Koch Industries and the private equity arm of Goldman Sachs have agreed to acquire printing inks maker Flint Group (Luxembourg) from CVC Capital Partners (London). Flint is the second-largest global producer of printing inks after DIC (Tokyo). Flint revenues for 2013 were €2.2 billion ($2.9 billion). Terms of the sale were not disclosed but sources say the price was close to Flint's 2013 revenues, $2.9 billion, and that the equity contribution of both Goldman and Koch will be roughly equal....

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