"We are excited about this acquisition, which opens up new growth opportunities for Altana and strengthens our position as a leading solution provider for the printing industry,” says Martin Babilas, CEO, Altana. “We are looking forward to our continued close and trustful cooperation with Landa as we prepare to bring this promising technology to market."
"Landa’s Metallography technology has the potential to become a sustainable mainstream technology for metalization graphics, supplanting foil-transfer in applications such as labels and folding cartons," adds Roland Peter, president of the Altana division Actega Coatings & Sealants.
Metallography technology is both economically attractive and environmentally sustainable, saving a significant amount of material, cost and production time compared to the conventional cold foil and hot foil stamping technology.
“We are delighted that Altana has embraced our zero-waste Nano-Metallography technology, for there can be no better owner for this business than Altana," says Benny Landa, chairman of the Landa Group. "As an innovative partner of its customers, Altana has a wealth of experience and know-how in graphic arts.”
"This transaction is also a testament to the outstanding collaboration between Landa and Altana, which is also our partner in Landa Digital Printing," Landa adds. "It will enable Landa to focus on Nanography, our breakthrough digital printing technology, while Altana takes over the final development work and commercialization of our Metallography technology."
The further development work, as well as sales and distribution, will be steered by Actega Metal Print GmbH, based in Lehrte near Hanover, Germany. Jan Franz Allerkamp, who has been with Altana since 2010, was named managing director of this newly founded Altana company.