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Regions :: Middle East :: Saudi Arabia
Altana invests in Israel-based digital printing business
10:28 AM MDT | June 25, 2014 | Ian Young
Altana (Wesel, Germany) has agreed with Landa (Rehovot, Israel) to invest €100 million ($136 million) for a minority stake in Landa's digital printing subsidiary. The size of the stake has not been disclosed. "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," Altana says. Other units of the Landa group, including labs and ventures, are not included in the transaction. Landa's...
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