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Flint Group’s Offer to Buy Siegwerk’s Web Offset Business Makes Sense for Both Sides

Flint Group will expand heatset, web operations while Siegwerk concentrates on core packaging business.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Yesterday, Flint Group and Siegwerk Druckfarben jointly announced that Flint Group issued a binding offer to Siegwerk Druckfarben to acquire its web offset business, including Siegwerk’s heatset and news ink lines. As always, the deal is contingent on customary closing conditions, including approval by the competition authorities. It’s a move that makes a tremendous amount of sense for both of these billion-dollar companies.   Let’s look at it from the perspective of each company. Flint Group ...

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