With help of the international law firm Milbank, Tweed, Hadley & McCloy LLP, Goldman Sachs Merchant Banking Division has partnered with Koch Equity Development LLC, a subsidiary of Koch Industries, Inc., to acquire shares representing 100% of Flint Group’s share capital from funds advised by private equity firm CVC Capital Partners. Koch Equity Development has agreed to invest with Goldman Sachs in a newly formed entity that will acquire Flint Group. Goldman Sachs Merchant Banking and the newly formed entity were comprehensively advised on this transaction by an international Milbank team led by corporate partner Peter Nussbaum.
The Flint Group is a leading global supplier of inks and other print consumables such as flexographic printing plates and chemicals. The company has a global footprint and enjoys the number one or number two positions in most of its segments. Flint Group operates 137 sites in 40 countries and employs some 6,600 people.
