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Koenig & Bauer and Actega Extend Partnership for Three More Years

Dec 02, 2024•over 1 year ago

Contract Type

partnership

WürzburgManufacturing

Description

Koenig & Bauer and Actega have extended their development partnership for another three years, focused on providing inline coating starter kits for new Rapida presses, quality assurance, joint R&D initiatives, and combined marketing activities. The partnership aims to define future standards in production speeds and finishing options for high-quality packaging and other print products.

Company Information

Company

Koenig & Bauer

Location

Würzburg, Bayern, Germany

About

Koenig & Bauer AG (KBA) is a Germany-based printing press manufacturer, acting as the parent company of the Koenig & Bauer Group. The Company operates, along with its group companies, in two business segments: web and special presses, and sheetfed offset presses. The business segment web and special presses encompasses newspaper,commercial, digital, banknote and security presses, systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging. The business segment sheetfed offset presses constitutes commercial, book, poster, packaging and metal-decorating presses and also presses for printing on film and electronic data storage devices. The Company has 11 European production locations in Germany, Austria, Italy and the Czech Republic.

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Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months