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Flint Group Reenters Inkjet Market with Xeikon Acquisition

Nine years after selling Jetrion to EFI, Flint Group rejoins inkjet market by purchasing major press manufacturer.

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By: DAVID SAVASTANO

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

In 2006, Flint Group, then owned by CVC Capital Partners, sold Jetrion, its inkjet division, to EFI. Jetrion was focused on the label market, and had approximately $3 million to $5 million in sales that year. EFI paid CVC approximately $40 million in cash. Jetrion has since become one of the industry leaders in inkjet printing for narrow web and labels.   It seemed counter-intuitive at the time: inkjet was (and remains) one of the brightest areas for printing and inks. For nearly a decade, Fli...

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