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Nine years after selling Jetrion to EFI, Flint Group rejoins inkjet market by purchasing major press manufacturer.
December 3, 2015
By: DAVID SAVASTANO
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. Â 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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