August 24, 2014 | Cutting tools developer and manufacturer Lamina Technologies received a $42 million investment from Catalyst CEL, an Israeli-Chinese investment fund. The investment allots $10 million to expanding the company’s global business and $32 million for the company’s current shareholders. As part of the deal, Catalyst CEL will become Lamina’s controlling shareholder together with Lamina’s current management team. Lamina was founded in 2011 by brothers Yuval and Amir Peleg, specializing in the manufacture and development of cutting tools for circuit processing.
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