ALTANA Invests €100 million in Landa

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A Starting Point for a Long-Term Strategic Partnership

The strategic investment by the specialty chemicals Group ALTANA is a strong vote of confidence in Nanography and will help finalize the commercialization of the technology. The investment concludes several months of due diligence with internal and external experts from ALTANA who examined Landa’s technology, intellectual property, and market potential.

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ALTANA is a well-known print industry vendor and owns BYK Additives & Instruments, ECKART Effect Pigments, and ACTEGA Coatings & Sealants. They possess a wealth of worldwide manufacturing expertise which will be of great value as Landa expands its presence globally in the coming years.

The team from ALTANA was not the only group of visitors to Landa over the last few months. Several beta candidates also visited Landa and toured Landa’s Nanography Lab, saw the beta presses, examined prints and held commercial discussions. (To see photos of the visitors, go to our Gallery.)

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WESEL, GERMANY AND REHOVOT, ISRAEL, June 25, 2014 – The specialty chemicals Group ALTANA and Landa Corporation have concluded an equity financing agreement under which ALTANA will invest €100 million (~US$135 million) for a minority stake in Landa Digital Printing. Both companies see the agreement not only as a financial investment, but also as a starting point for a long-term strategic partnership to bring digital printing solutions to the commercial, packaging and publishing markets. Other units of the Landa Group, including Landa Labs and Landa Ventures, are not included in the transaction.

The proceeds will be used for completing the development of Nanography, Landa’s water-based digital printing process, including engineering and production ramp-up of Landa Nanographic Printing® Presses and building of manufacturing plants for Landa NanoInk® colorants.

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Andreas-JerschenskyLanda and ALTANA – Mission Completed AND Kicked Off

By Dr. Andreas Jerschensky, Head of Corporate Development/M&A, ALTANA AG

I still remember our first meeting with Benny back in November 2013. It was really intriguing how aligned our way to approach new territories is – based on true insight and taking a comprehensive approach to create value for our customers. As a leading true specialty chemicals company ALTANA is driven by innovation, it always has been, and so is Landa. We share the same values and have the same passion for excellence.

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