Koenig & Bauer announces a price increase of 3.7 percent with effect from April 1, 2018, for its entire product portfolio. The news follows a range of supplier increases on product pricing through the latter half of 2017, mostly around consumables like paper and plates because of raw material costs.
“This price increase is being effected against the background of rising prices and is a necessary step for us to continue offering our customers innovative solutions and an excellent level of service,” said Ralf Sammeck, Executive Vice-President of Sales at Koenig & Bauer. “Our goal is to grow together with our customers, and to continue to be their reliable partner in a constantly changing market.”
Koenig & Bauer continued to explain the moderate price increase will enable further innovation for its presses, which provide tangible economic benefits through automation, makeready and inline processes.