Landa Corporation, the digital printing company founded by industry pioneer Benny Landa, has entered a new chapter after the Central District Court approved a debt restructuring plan that transfers full ownership to private equity firm FIMI. The $80 million arrangement secures the company’s operations and avoids liquidation, offering a path forward for a business that had been weighed down by debts of nearly $460 million.
Under the terms of the court-approved plan, FIMI will assume 100% ownership of Landa Corporation and will maintain the majority of its workforce. The decision follows months of uncertainty after the company filed for court protection in July, citing unsustainable financial losses. Court-appointed administrators oversaw the restructuring process, which culminated in the investment by FIMI, led by CEO Ishay Davidi.
Judge Hana Kitsis, in approving the deal, emphasized that liquidation would have yielded only minimal returns while jeopardizing hundreds of jobs. Instead, the court’s ruling ensures job security for most employees while preserving the company’s groundbreaking nanographic printing technology, which has been recognized for its innovative water-based inkjet process. With FIMI’s backing, Landa Corporation has an opportunity to stabilize operations and rebuild confidence in its role within the commercial print and packaging markets.
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