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The planned joint venture will be based in Germany.
December 20, 2018
By: Anthony Locicero
Copy editor, New York Post
Koenig & Bauer AG and Durst Phototechnik AG (Brixen, Italy) agreed to a 50/50 joint venture. A corresponding letter of intent was signed by both companies. The planned joint venture will be based in Germany and – subject to merger control approval – will assume responsibility for the development, integration, manufacturing and worldwide distribution of water-based, single-pass digital printing presses for folding carton and corrugated board. Ink and service business relating to the presse...
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