Monday, November 18, 2024

Altana acquires Landa’s Metallography tech

Specialty chemicals firm Altana has acquired Landa’s Metallography technology, which was first unveiled by Landa at drupa in June 2016. The novel technology for producing metallized graphics is described as a sustainable alternative to foil-transfer processes, enabling metallization graphics at up to half the cost of conventional foil stamping.

Landa will progressively transfer the remaining development and engineering work to Altana’s Actega Coatings & Sealants division, who will be bringing the Metallography technology to market in the coming years.

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“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,” stated Martin Babilas, chief executive, Altana. “We are looking forward to our continued close and trustful cooperation with Landa as we prepare to bring this promising technology to market.”

Benny Landa, chairman, Landa Group, said, “This transaction is also a testament to the outstanding collaboration between Landa and Altana, which is also our partner in Landa Digital Printing. 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.”

Mahan Hazarika
Mahan Hazarika
Mahan Hazarika has been serving as the Editor of The Packman since 2017, demonstrating an impressive decade-long expertise in the field of writing about the printing and packaging industry. In his leisure time, he indulges in his passions for music, travel, and watching movies.

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