Koenig & Bauer (KBA) has announced the acquisition of over 85% of screen printing machines supplier Kammann Maschinenbau in Bad Oeynhausen, Germany for an undisclosed value.
The previous Munich-based majority shareholder, a private equity firm Perusa, has restructured and realigned the medium-sized press manufacturer over the last years.
Kammann offers presses for decorating hollow containers made from glass, plastic and metal. The company's flexible transport systems can also be equipped with hot-stamping, digital printing and decorating processes.
The company generated annual sales of over €30m ($39m) in 2012.
In February, KBA acquired Flexotecnica, an Italian press manufacturer, which is engaged in the growing print market for flexible packaging.
