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

Koenig & Bauer agreed to take over 80% of Duran Machinery's folder gluer business, integrating it as Koenig & Bauer Duran. The acquisition strengthens Koenig & Bauer's packaging production activities.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Istanbul, Türkiye
- Status: announced
- Products: folder gluers, printing presses, flatbed die cutters
- 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

- [wheretoprintmagazine.com](https://wheretoprintmagazine.com/koenig-bauer-and-duran-machinery-unite-to-form-koenig-bauer-dura/), 2019-01-15: "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."

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