Highcon

About Highcon

Highcon Systems Ltd. is an industrial machinery company that provides digital cutting and creasing solutions for the post-print processes within the folding carton and corrugated packaging industry. Founded in 2009 by Aviv Ratzman and Michael Zimmer, both with extensive experience in the digital print market from their time at Indigo N.V. and later HP, the company is headquartered in Yavne, Israel. The company's vision was to introduce a digital workflow to the traditionally analog finishing stage of packaging production.

The business model centers on the manufacturing, sales, and support of its digital die-cutting and creasing systems, as well as the sale of consumables required for their operation. Highcon serves a global client base that includes folding carton converters, corrugated converters, printers, and trade finishers. These clients use Highcon's technology to address market trends such as the need for shorter runs, faster speed-to-market, mass customization, and sustainability by reducing waste from traditional die-making processes. Revenue is generated through the sale of its machine systems and recurring revenues from consumables and services.

Highcon's proprietary technology, known as Digital Adhesive Rule Technology (DART), utilizes 3D printing to create creasing rules and lasers for cutting, which eliminates the need for conventional physical dies. This allows for greater design freedom and the ability to produce intricate designs that are impractical with analog methods. The product portfolio includes several machines tailored to different needs. The Highcon Beam platform, including the Beam 2 and 3, is aimed at mainstream production for folding carton and micro-flute packaging, with speeds of up to 5,000 sheets per hour. The Highcon Euclid series, such as the Euclid 5 and 5C, caters to printers working with various formats and corrugated substrates. These systems are designed to improve supply chain responsiveness and enable just-in-time production. The company went public on the Tel Aviv Stock Exchange in late 2020. However, the company has faced significant financial challenges, leading to a substantial drop in its market valuation and, in March 2025, a filing for court protection due to a severe cash flow crisis. In July 2025, the company's assets and operations were approved to be sold to a group of investors.