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Xeikon: New owners

BELGIUM. Bencis Capital Partners has completed its purchase of Punch International’s controlling interest in Xeikon, making Bencis the largest shareholder. The GimvXL fund invested alongside Bencis as a minority shareholder.

With the transaction completed, Xeikon has the capital, the leadership, the products and the customer support in place to expand on innovation and strengthen its role as a leading provider of digital printing solutions to customers around the globe.

Bencis is an independent private equity firm that invests in medium- sized companies in the Benelux countries. Gimv-XL, managed by Gimv, is the largest investment fund for midcap companies in Flanders. To assure growth and innovation, WIM MAES will again assume the role as CEO of Xeikon with immediate effect. He had joined Xeikon as CEO in October 2009, establishing a clear strategic focus and strong financial foundation.

End 2012, he had left that role but remained an active advisor within the Xeikon organisation. MAES replaces FRANK DESCHUYTERE, who recently served as CEO. With the takeover in place, FRANK DESCHUYTERE will pursue other activities.

Andreas Keller

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