KBA’s Frankenthal Press Plant Celebrating Its 150th Jubilee
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1978: Koenig & Bauer acquires a minority interest
In December 1978 Koenig & Bauer signed a cooperative agreement with Albert-Frankenthal and purchased a 49.9 per cent interest from the Rhineland-Palatinate regional government. Driven by a wave of consolidation in the international press market, this alliance was a major milestone in Koenig & Bauer’s evolution into the world’s second-biggest press manufacturer. Together, the two companies boasted a range of presses for virtually all applications, and sufficient capacity to handle large-scale contracts.
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- Companies:
- KBA North America
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