Koenig & Bauer has announced a price increase with effect from 1 April 2018 for the entire product portfolio. “This price increase is being effected against the background of rising prices and is a necessary step for us to continue offering our customers innovative solutions and an excellent level of service,” says Ralf Sammeck, executive vice-president sales at Koenig & Bauer. “Our goal is to grow together with our customers, and to continue to be their reliable partner in a constantly changing market.”
The company says that its innovative technologies in its highly automated presses and unique features in terms of automation, efficient make-ready and inline processes, offer the user tangible economic benefits and secure the sustainability of business growth. In the press release, the company says, ‘The moderate price increase will enable further innovation and is thus an investment in the future.’
Koenig & Bauer is the world’s second-largest printing press manufacturer with a press portfolio ranging from banknotes, board, film, metal and glass packaging, through to book, display, coding, magazine, advertising and newspaper printing. It offers sheetfed, web and waterless offset, flexo, intaglio, screen and digital inkjet printing. In the financial year 2017, it generated sales of EUR 1.2 billion and has 5,500 employees worldwide.