Landa Digital Printing raises $300 million in equity financing

Landa Digital Printing raises $300 million in equity financing

Israel’s Landa Digital Printing has raised $300 million in equity financing from German speciialty chemicals group Altana and private investment firm SKion GmbH.

The funds raised were based on a company valuation of $1.8 billion and will be used to expand the company’s infrastructure and manufacturing capabilities. Landa will also develop its research and development and marketing development, the company said.

Benny Landa will continue to be the company’s majority shareholder, holding a 54 percent stake, while Altana and SKion, both owned by German entrepreneur Susanne Klatten, together own 46 percent with Altana taking 33.3 percent.

1 Comment

  1. Landa has spent over 15 years researching and developing digital print. I have been tracking the company
    over all this period. I have always regarded the technology it offers as having great potential.
    The new funding is good news, allowing Landa to continue to develop new markets, with the challenge to offer
    offset print quality with comparative speeds and competitive cost per print. Still more to come from the company.

    Reply

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