Trade Resources Industry Views Koenig & Bauer Announces 3.7% Price Increase for Entire Product Portfolio

Koenig & Bauer Announces 3.7% Price Increase for Entire Product Portfolio

Tags: Koenig, Bauer

Koenig & Bauer announces a price increase with effect from 1 April 2018 for the entire product portfolio.

Koenig & Bauer salesexecutive vice-president Ralf Sammeck said: “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.

“Our goal is to grow together with our customers, and to continue to be their reliable partner in a constantly changing market.”

The innovative technologies embodied by the highly automated presses from Koenig & Bauer, not to mention their unique features in terms of automation, efficient makeready and inline processes, offer the user tangible economic benefits and secure the sustainability of business growth.

The moderate price increase will enable further innovation and is thus an investment in the future.  

Koenig & Bauer Group is the second-largest press manufacturer worldwide, with the broadest product range in the industry, and a key supplier to the global media industry. Koenig & Bauer’s core competence is the development and manufacture of technologically innovative yet cost-effective printing systems and peripherals.

Founded in 1817, the parent and Group holding company is Koenig & Bauer AG with headquarters in Würzburg (Germany).

Legally autonomous companies spun-off from the Parent with effect from 1 January 2015 retrospectively develop new products and conduct the operating business and customer service within the sheetfed, web and security press market segments.

Source: http://packagingmaterials.packaging-business-review.com/news/koenig-bauer-announces-37-price-increase-for-entire-product-portfolio-260218-6066035
Contribute Copyright Policy