Landa Digital Printing opens next chapter in company history

Successful completion of USD 300 million financing round provided by SKion

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Benny Land
Benny Land

Landa Digital Printing has announced the completion of a USD 300 million equity financing, led by private investment firm SKion GmbH and joined by specialty chemicals group ALTANA, an already-existing shareholder. Both SKion and ALTANA are wholly-owned by German entrepreneur Susanne Klatten.

The proceeds from the financing will be used for expansion of the company’s infrastructure and manufacturing capabilities, as well as for ongoing R&D and market development.

“My investment reflects my confidence in the technological potential of Landa Digital Printing. Together we can spark the market demand for digital printing solutions,” said Klatten. “To be part of this new chapter in the history of printing also means a significant entrepreneurial move for me.”

Benny Landa, founder and chairman of Landa Digital Printingsaid, “We are delighted with our longstanding relationship with ALTANA and are extremely pleased to broaden that partnership to include SKion, with whom we have a shared vision. This substantial financing is one of the foundations we are laying for accelerated growth, now that we have started shipping our Nanographic Printing Presses to customers around the world.”

ALTANA CEO Martin Babilas added, “We are excited about our partnership with Landa Digital Printing that started in 2014 when Nanography was still in its early days. Since then we have supported Landa Digital Printing in finding new, innovative material science solutions for digital printing, and we are looking forward to doing so also in the future.”

The investment is in addition to the over USD 400 million previously invested by Benny Landa and ALTANA in Landa Digital Printing. Landa continues to be the company’s majority shareholder with 54 %. ALTANA and SKion together now own 46% of the company with ALTANA continuing to hold a stake of 33.3%.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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