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25 June 2014
ALTANA invests in Landa Corporation
WESEL, GERMANY AND REHOVOT, ISRAEL—Specialty chemicals group ALTANA and Landa Corporation have entered into a financial agreement where ALTANA will invest US$135 million for a minority stake in Landa Corporation.
The two companies aim to bring digital printing solutions to commercial, packaging and publishing markets.
The investment will go towards Nanography, Landa Corporation's water-based digital printing process, the engineering and production of Landa nanographic printing presses and building a manufacturing plant for Landa NanoInk colorants.
"We are extremely excited to be partnering with an industry visionary like Benny Landa. We speak the same language in terms of innovation," says Dr. Matthias L. Wolfgruber, CEO, ALTANA AG. "I am confident that we are investing in a game-changing technology that can enable the printing industry to thrive in the 21st century and help our customers position themselves well for the future."
The two companies aim to bring digital printing solutions to commercial, packaging and publishing markets.
The investment will go towards Nanography, Landa Corporation's water-based digital printing process, the engineering and production of Landa nanographic printing presses and building a manufacturing plant for Landa NanoInk colorants.
"We are extremely excited to be partnering with an industry visionary like Benny Landa. We speak the same language in terms of innovation," says Dr. Matthias L. Wolfgruber, CEO, ALTANA AG. "I am confident that we are investing in a game-changing technology that can enable the printing industry to thrive in the 21st century and help our customers position themselves well for the future."
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