# Koenig & Bauer and Durst Group expand joint venture R&D in Radebeul, Germany

Koenig & Bauer and Durst Group committed to expand R&D capability at their joint venture Koenig & Bauer Durst GmbH in Radebeul, Germany. Daniel Velema will become managing director in February 2024.

- Type: Investment
- Announced: 2024-01-11
- Where: Radebeul, Germany
- Status: announced
- Products: digital sheetfed press systems, CorruJET, Delta SPC 130, VariJET 106
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Koenig & Bauer Durst](https://endata.com/companies/11189.md)
- [Koenig & Bauer](https://endata.com/companies/975.md) (partner)
- [Durst](https://endata.com/companies/4421.md) (partner)

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/koenig-bauer-durst-group-to-further-capabilities-in-jv/), 2024-01-11: "Koenig & Bauer and Durst Group have committed to build further R&D capability in the joint venture company they set up almost five years ago to capitalize on the significant opportunities in folding carton and corrugated segments."

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