KBA North America announces that it has been named the North American exclusive distributor for its newly acquired Italian flexible packaging press manufacturer Flexotecnica by its parent company, Koenig & Bauer. The new subsidiary, KBA-Flexotecnica, is an Italian press manufacturer specializing in presses for printing on film and other substrates in the growing market for flexible packaging.
“We are honored to be named the exclusive distributor for Flexotecnica’s flexible packaging presses in North America,” says Mark Hischar, president and CEO of KBA North America. “Flexotecnica has a superb reputation in its market. With this acquisition, our parent company has made an important investment by entering this key growing print market for flexible packaging. This is an opportunity for KBA to expand its strong market position in the folding carton market into another growing packaging segment. We are certain that we will be able to offer our well known high-level of service, expertise and parts support to this important market and Flexotecnica’s current customer base.”
The majority acquisition by KBA of Italian press manufacturer Flexotecnica based in Tavazzano near Milan was finalized in early December 2013. This new KBA subsidiary has been renamed KBA-Flexotecnica as of January 1.
KBA North America