Koenig & Bauer AG (XTRA:SKB) agreed to acquired 49% stake in Celmacch Group Srl on July 21, 2022. Following the transaction, Celmacch will operate under the name Koenig & Bauer Celmacch S.r.l. The offices of Koenig & Bauer Celmacch and its approx. 50 employees will remain in Desenzano, Italy.

Celmacch Group has sales of around Ç20 million. The acquisition of the shares in Celmacch Group S.r.l. remains subject to official approval from the Italian authorities that oversee foreign direct investment and final closing is anticipated for September 2022.