KBA plans takeover of Spanish subsidiary Iberica AG S.A.

摘要

Koenig & Bauer AG (KBA) has finalised for the 100% takeover of its Spanish subsidiary Iberica AG S.A. in Barcelona. Iberica with some 60 staff produces medium and large-format flatbed die-cutters for board and corrugated packaging without own manufacturing facilities and until now has mainly been active in Europe and in some overseas markets. The integration into the global KBA sales and service network would greatly improve Iberica's growth prospects. The planned takeover underscores the press manufacturer's announced focus on the growing packaging market. KBA's sheetfed segment is the longstanding market leader in folding carton printing. Its international customer base for sheetfed offset presses and die-cutters is largely identical.