The speciality chemicals group Altana has invested in the Israeli industrial digital printing company Velox Ltd. Financial details have not been disclosed. Velox has developed a breakthrough digital technology for direct-to-shape packaging decoration (e.g. tubes and cans) on a wide variety of materials at mass production speed and excellent quality, applicable for one-offs to large series production.
The enterprise already delivered the first solution to Lageentubes, a supplier of plastic and aluminium tubes packaging to the cosmetics and pharmaceutical industries, and secured multiple orders from strategic customers in Europe and the USA. The novel digital printing technology of Velox will intersect with numerous activities of the Altana Group in the areas of printing and packaging. Altana’s four divisions include Byk, Eckart, Elantas and the TPE supplier Actega DS.