18 December 2024
Koenig & Bauer Consolidation Plan
WUZBURG, GERMANY—
CEO Dr Andreas Pleßke initiated the changes.
CEO Dr Andreas Pleßke initiated the changes.
 Koenig & Bauer is simplifying its structure into two segments, will dramatically slim down its board, and has recruited Heidelberg’s packaging chief for a new senior role.The world's second largest  press manufacturer had flagged a “persistently challenging market environment”. “The Group’s top priority is to align itself with its customers and markets and to streamline decision-making paths within its business units,” CEO Dr Andreas Pleßke  stated. The previous three divisions of Sheetfed, Digital & Webfed, and Special will be consolidated into two new segments:
World's second largest offset press manufacture
World's second largest offset press manufacture
Paper & Packaging Sheetfed Systems (P&P), and Special & New Technologies (S&NT). P&P will include the corrugated products under K&B’s joint venture with Celmacch, that were previously part of Digital & Webfed. The joint venture with Durst, already part of Sheetfed, remains here too.
P&P will focus on “high growth” folding cartons and corrugated markets, including post-press processing, while commercial sheetfed printing will “remain a further priority”. The S&NT business includes banknote and security printing presses, special presses for metal, glass and hollow container printing, and the remaining activities of what had been the stubbornly loss-making Digital & Webfed division. It includes the digital web and flexo web printing products, and special projects such as K&B’s alliance with Volkswagen’s PowerCo business for dry coating of battery cells.
 
Comments:
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
CLASSIFIED | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Mr Beastly says:
was this not installed over a year ago? Saw another press release on it from 2023??
Editor : ...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline PaperFinder Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print