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Xeikon reacts to changed markets as Flint changes hands

A new consortium of PE lenders has acquired Flint while its digital division is implementing cost saving measures at Xeikon. Xeikon has told staff that it needs to cut its workforce by 85 in order to secure the future of the business. The Extraordinary Works Council at the factory in Lier near Antwerp was told […]

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  • Alcentra, Baring Asset Management, CVC Credit, EFI, Extraordinary Works Council, Flexo Platemaking, Flint Group, Goldman Sachs Merchant Banking, KKR Credit, Xeikon, Xsys
Changing market conditions including a slower than previously expected shift to digital for flexible packaging have caused problems for Xeikon.
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