Ctech reports that global tech leader HP and Israeli investment house FIMI have emerged as the only two entities currently evaluating the acquisition of Landa Digital Printing, the high-profile company founded by print industry veteran Benny Landa. The company is under a court-approved stay of proceedings following a severe cash flow crisis, and any acquisition will likely involve assuming restructured debt totaling more than $500 million. Representatives from both HP and FIMI visited Landa’s headquarters last week to meet with senior management and assess the business.

HP, which acquired Landa’s previous venture Indigo in 2002 for $830 million, is seen as a strategic fit due to potential synergies in high-end industrial printing. FIMI’s interest is more unexpected, given its limited history in the print sector. The investment process is being overseen by administrators CPA Shlomi Filiba and Adv. Sigal Rozen-Rechav, while the Japanese investment bank Nomura is managing the search for potential buyers. Although data rooms were opened to several global printing companies, including Canon, Agfa, Epson, Fuji, Xerox, and Brother, only HP and FIMI proceeded with deeper evaluations.

Landa Digital Printing has raised $1.3 billion since its founding, including $220 million from Benny Landa personally. However, significant losses—$312 million over the past two years alone—combined with high R&D, production, and service costs for its complex, 30-ton digital presses, have strained the company’s finances. A new recovery plan includes $60 million in expense reductions and potential price hikes for service contracts, but with shareholder debt totaling approximately $421 million, there is little expectation of returns for investors.