Duran Machinery, a manufacturer of folder gluers, has become a member of the Koenig & Bauer Group. Koenig & Bauer has agreed with Duran Machinery in Istanbul to take over 80 per cent of its folder gluer business and integrate it into the group under the name Koenig & Bauer Duran.
“With this latest acquisition, the world's oldest printing press manufacturer is once again strengthening its activities in the growth segment of machines and systems for packaging production,” said a news release from Germany-based Koenig & Bauer.
Together with the Rapida sheetfed presses from Koenig & Bauer Sheetfed, flatbed die cutters from Koenig & Bauer Iberica and the folder gluers from Duran, the company can now offer complete lines for the printing and processing folding boxes from a single source, with products made in Europe. This gives Duran “a clear competitive advantage over other suppliers of folding box gluers, which are left to their own resources in this market segment,” the release claims.
“Over the past few years Duran has set new standards and successfully strengthened its position among our customers in the industrial packaging sector,” said Ralf Sammeck, CEO of Koenig & Bauer Sheetfed and member of the Koenig & Bauer management board. “We are now further expanding our worldwide presence as the printing press and die cutter manufacturer with the broadest product portfolio.”