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Goldman Sachs, Koch Industries partner to acquire Flint

4:11 PM MDT | April 17, 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). Terms have not been disclosed, but sources say the price was close to Flint’s 2013 revenues, €2.2 billion ($2.9 billion), and that the equity contribution of both Goldman and Koch will be roughly equal. Flint is the second-largest global producer of printing inks, after DIC (Tokyo). The sale should be completed by the second half of 2014, Flint says. Goldman and Koch say in a statement that...

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