The merger is expected to be completed next month and will create one the three largest ink companies in Europe, Flint-Schmidt, with a turnover in the region of 275m.
Flint Ink Europe president Jim Mahoney will become chief executive officer for Flint-Schmidt, while Gebrder Schmidt managing director Helmut Schmidt will become the new companys chief operating officer.
Mahoney said: This agreement will strengthen Flint Inks penetration into Europe in keeping with our global growth objectives. It will also make us more attractive to our global customers.
Schmidt said that customers would benefit because the companies could combine and create a wider spectrum of products and services.
Have your say in the Printweek Poll
Related stories
Latest comments
"Thank you for the opportunity to comment on this Jo, and PrintWeek!
Please feel free to get in touch with the Howden Print Team to arrange your own Free of Charge Cyber Micro-Penetration Test to help..."
"I never quite understand the statements such as "achieved such a positive outcome for this well-established business".
The established business unfortunately failed and no longer exists, a..."
"Genuinely sorry to read this."
Up next...
Certification can help
Printers urged to check exposure to cyber crime
Held at Aston Martin Racing Technology Campus
Xerox highlights power of data at client event
Support for important local event
Fujifilm contributes to Operation Dynamo commemorations
Standout addition to press hall