Flint Group acquires Siegwerk’s packaging ink business in Australia and New Zealand

Flint Group has signed today an agreement with Siegwerk Group on the acquisition of Siegwerks’s packaging ink business in Australia and New Zealand. The agreement includes the intangible assets, sales, marketing and distribution channels of Siegwerk in both countries. The product range embraces flexible packaging (film and foil), sheet-fed, decorating inks and coatings. The acquired business in Australia and New Zealand has annual sales of around EUR 25 Million. The transaction is expected to close end of April 2008, subject to the Australian Competition and Consumer Commission approval. Financial terms have not been disclosed.

About Flint Group

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Flint Group is dedicated to serving the global printing, converting, graphic arts and colour consuming industries with five specialised business units: Flint Group’s ink companies develop and market a wide range of conventional and UV printing inks on a global basis, with regional operations providing local service throughout the world. Flint Group Flexographic Products specialises in photopolymer printing plates, flexographic sleeve systems as well as washout solvents and plate-making equipment. Flint Group Narrow Web is dedicated to the narrow web ink market, including labels, product decora-tion and package printing. Flint Group Pigments produces a range of pigment products and additives for use in inks and other colourant applications. Day International develops and distributes offset printing blankets and sleeves, pressroom chemicals and diecutting supplies. Headquartered in Luxembourg, Flint Group operates more than 170 facilities worldwide and employs some 8300 people. Revenues for 2007 are estimated to be € 2.3 billion ($US 3.4 billion), positioning the company as the number one or number two supplier in every major region it serves. For more information, please visit www.flintgrp.com.

About Siegwerk

Siegwerk is a world-leading supplier of printing inks for packaging and publications. The more than 4,000 employees continuously strive to exceed customers’ expectations of quality, reliability and support. In close partnership with the customers, they develop individual printing and ink solutions. With experience based on a history of more than 175 years as technological driver of the printing industry, Siegwerk holds a number of leading market positions in its ten product fields: Flexible, Tobacco, Labels, Liquid Food Packaging, Sheetfed, UV, Paper&Board, Coldset, Heatset and Publication Gravure.

With a presence of 36 country organizations, Siegwerk is able to provide its individual customer solutions worldwide. Siegwerk is still family owned and has generated revenues of 870 million euros (1.15 bn USD) in 2006. The headquarters is located in Siegburg near Cologne (Germany). www.siegwerk.com