# Koenig & Bauer acquires majority stake in Duran Machinery

Koenig & Bauer acquired a majority stake in Duran Machinery to expand its product portfolio for the folding carton market.

- Type: Acquisition
- Announced: 2019-04-22
- Status: completed
- Products: folding carton printing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/koenig-bauer-reports-it-is-on-course-for-further-growth/), 2019-04-22: "The acquisition of a majority stake in Duran Machinery has enabled the world’s oldest press manufacturer to further expand its product portfolio for the prospering folding carton market"

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