Duran Machinery, leading manufacturer of folder gluers becomes member of the Koenig & Bauer Group
complete lines from printing to the processing of folding boxes from a single source.
Increase in market share and sales growth expected
Koenig & Bauer 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. 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.
Duran has more than 30 years of experience in designing and manufacturing folder gluers in various formats and configurations. Thanks to market share gains, today Duran has established itself as one of the leading manufacturers in its field. Along with six standard series of Omega folder gluers with different specifications and ancillary equipment, the company also provides R&D services to meet specific production requirements, starting from unique packaging designs and the manufacturing of innovative tailor-made machinery. Duran machines are used worldwide by manufacturers of cardboard and corrugated board packaging in more than 65 countries. Koenig & Bauer Duran will proceed its activities in Duran Machinery’s existing premises in Istanbul and with Duran’s management fully on board.
Koenig & Bauer expects the acquisition and integration of Duran to boost its market share in folding carton gluers, strengthen packaging production activities and boost sales. The acquisition and integration of Duran is in line with the global Koenig & Bauer Group‘s strategy of focusing on growth markets.