Flint Group Packaging Inks announced today the acquisition of Poteet Printing Systems LLC located in Charlotte, North Carolina, USA.
This acquisition aligns with a key element of Flint Group Packaging’s strategy to grow not only organically, but also via acquisition.
Poteet Printing Systems LLC manufactures and sells water-based inks for Flexographic applications to printers and converters across the United States. The company supports the key Paper & Board applications for corrugated post- and pre-print and digital products, as well as targeted water-based paper packaging print demands. Poteet Printing Systems’ main production facilities are located in Charlotte, North Carolina and Fort Worth, Texas; the business has two additional warehouse locations in North Carolina. The company currently employs 60+ people.
Doug Aldred, President Flint Group Packaging Inks, says, “We warmly welcome the employees of Poteet Printing Systems as they join the Flint Group Packaging Inks community – we are extremely pleased with this addition to our growing Paper & Board business in North America.
“The team at Poteet have built a customer focused and responsive organization, dedicated to client success. This culture of teamwork and customer satisfaction fits perfectly with Flint Group Packaging Inks’ vision and strategy. To continue to foster Poteet’s strong customer relationships, we encourage Poteet’s customers to continue to work with their existing contacts within the Poteet organization.”
Roger Poteet, President of Poteet Printing Systems, states, “Our team at Poteet is the primary reason for our historical business success and we are very excited to expand our business as part of Flint Group Packaging Inks. Working together, we will be able to offer our customers even more cutting edge innovations in both inks and coatings plus additional customer-focused support tools. The water-based packaging print sector is changing; this development gives us the opportunity, and additional resources, to remain focused on our valued customers and effectively plan for the future.”
Mr. Poteet continues, “With our new partnership, we are presented with an excellent opportunity to provide our customers with new solutions and extended product resources. We sincerely look forward to our future as part of Flint Group Packaging Inks team.”
Michael Mosely, VP and GM for Flint Group Packaging Inks in North America concludes, “This investment by Flint Group is an affirmation of our strategy to grow business in key packaging markets, such as Paper & Board. Our goal is to further strengthen a business that will sustainably provide best in class products and services to printers and converters in North America for years to come. We are extremely pleased that Poteet has accepted our offer to purchase their business and we look forward to working with all Poteet employees to further expand our business together.”
As of the date of this communication, this acquisition has been confirmed and finalized.
