# Koenig & Bauer acquires 80% of Duran Machinery's folder gluer business

Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.

- Type: Acquisition
- Announced: 2018-12-01
- Where: Istanbul, Türkiye
- Status: announced
- Products: folder gluers, folding carton gluing lines, corrugated gluing lines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Koenig & Bauer](https://endata.com/companies/975.md) (acquirer)
- [Duran Machinery](https://endata.com/companies/4255.md) (target)

## Sources

- [at.koenig-bauer.com](https://at.koenig-bauer.com/en/news/details/article/koenig-bauer-and-duran-machinery-unite-to-form-koenig-bauer-duran/), 2018-12-01: "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."
- [metalprint.koenig-bauer.com](https://metalprint.koenig-bauer.com/en/news/details/article/koenig-bauer-and-duran-machinery-unite-to-form-koenig-bauer-duran/), 2018-12-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.