DG press searching for investors

DG press has outlined a one million EUR (1.1 million USD) investment program intended to prepare the company for demand for its Thallo web offset press.

A two-color Thallo was demonstrated at an Open House in 2014, with a full launch expected at drupa 2016

A two-color Thallo was demonstrated at an Open House in 2014, with a full launch expected at drupa 2016.

Orders for two Thallos have already been received by DG press, with these presses currently being assembled and to be delivered in July 2015. Further, DG press has received another two large orders for a total amount of three million EUR, also to be delivered in 2015.

DG press said that in order to further develop the Thallo press platform and to prepare the company for delivery of an anticipated 10 Thallos per annum in the upcoming years, it needs a financing of one million EUR.

In a statement detailing the investment program, DG press explained: ‘To finance this amount DG press has decided to submit subordinate bonds through an organization called NPEX. These bonds provide our investors with an eight percent interest annually.

‘The subscription is open for selected relations in Europe that have a valid European bank account. They can buy these bonds for 1,000 EUR per piece (two pieces at minimum).’

 A special meeting will be organized for potential investors at the DG press facility in Hall, Netherlands.