View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 12, 2019

Durst and Koenig & Bauer to establish digital printing systems

Advanced digital printing technology solutions provider Durst has partnered with Koenig and Bauer to establish a 50/50 joint venture (JV) in Munich, Germany.

Advanced digital printing technology solutions provider Durst has partnered with Koenig and Bauer to establish a 50/50 joint venture (JV) in Munich, Germany.

The JV, named as Koenig and Bauer Durst GmbH, will focus on the developing and marketing single-pass digital printing systems for the folding carton and corrugated fibreboard industry.

Both companies are currently awaiting clearance from the relevant antitrust authorities to establish the JV, which is expected to be given in the coming weeks.

Durst Group CEO Christoph Gamper said: “It was a short path from letter of intent to official signature because the negotiations had already been conducted in a spirit of genuine cooperation.

“We want to work efficiently and purposefully towards a common goal, tapping the huge potential that digital production lines offer for the packaging industry.”

Following the antitrust clearance, the JV Koenig and Bauer Durst will begin operations by the end of next month.

“The packaging industry is looking for new, more efficient production opportunities and Koenig & Bauer Durst will supply the necessary digital solution.”

A managing director will be appointed to oversee the operations.

The JV will initially focus on all associated services and the ink business of the Koenig and Bauer CorruJET 170 and the Durst SPC 130, as well as the VariJET 106 development.

Koenig and Bauer CEO Claus Bolza-Schünemann said: “Koenig and Bauer Durst will combine different key technology areas and market expertise to perfect effect.

“I am convinced that the joint venture will benefit from the spirit embodied by both companies and that something really special is emerging here.

“The packaging industry is looking for new, more efficient production opportunities and Koenig & Bauer Durst will supply the necessary digital solution.”

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway