Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Koenig & Bauer to Buy Chinese Printing Machine Maker, FTD Says

May 7 (Bloomberg) -- Koenig & Bauer AG plans to buy a majority stake in a Chinese sheet-fed printing-machine maker by the end of the year, Financial Times Deutschland said, citing an interview with Chief Executive Officer Claus Bolza-Schuenemann.

Bolza-Schuenemann, who declined to name the Chinese company, said he sees potential to optimize the machines without making them into “high-end German” devices, the newspaper said. Koenig & Bauer, which gets about 15 percent to 20 percent of sales from China, doesn’t yet have a factory in the country, FTD said.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.