0600 JV Turkey

Flint Group and Unirep establish joint venture in Turkey

Flint Group, a world leading supplier to the printing and packaging industry, and Unirep, a major supplier to the Turkish paper and packaging industry, announce that they have established a joint venture in Turkey. The joint venture, 'Flint-Unirep Packaging Inks', based in Istanbul, has been formed to serve the local packaging market. Mr. Turgay Gümus has been appointed General Manager of the new Joint Venture.

Unirep has 26 years of experience as a supplier to the Turkish packaging industry. Unirep has established a position as one of the most 'sought after' suppliers of consumables, production materials and investment equipment to the graphics industry.

The new Joint Venture has created a business structure that will facilitate a complete service to the growing Turkish packaging ink market from recently installed local blending facilities. In addition the dedicated local technical service and local warehousing teams will support the venture.

'Flint-Unirep Packaging Inks' are offering the complete range of proven Flint Group Packaging Inks supported by the Product Application Specialists drawn from our European Technical Centres of Excellence. 'Flint-Unirep Packaging Inks' will initially focus on water-based inks, i.e. market segments such as the corrugated board, paper sacks and tissue markets.

The JV team, in cooperation with the Sales Management of Flint Group are already in contact with the major customers in Turkey to ensure a smooth and trouble free transfer of business to the JV. The JV is well positioned to capitalise on the fresh opportunities in Turkey to support the company's ambitious sales targets.

'I am pleased to lead the new organisation in Turkey. The JV is fully operational and equipped to support existing customers, as well as the potential customers planning to establish converting companies in Turkey' confirms Turgay Gümus.

'The establishment of this Joint Venture operation is a unique opportunity for all parties to actively participate in the rapidly expanding Turkish packaging market. The regional expertise from Unirep aligned with the global industry and product knowledge of Flint Group, is an ideal combination to serve Turkish converters in the best possible way' comments Doug Aldred VP and General Manager, Flint Group Packaging Inks Division Europe.

9 January 2009

For more information, contact:

Flint Group
Angelika Rauch
T +49 711 9816 230