PrintWeek is reporting that Highcon Systems, the Israeli developer of digital post-press systems, could see its future secured next week as the District Court of Lod reviews a conditional bid to transfer the company’s operations to a newly formed US-based entity. The firm has been operating under court supervision since April after filing for bankruptcy protection due to financial difficulties. The undisclosed US bidder, reportedly linked to former Highcon investors, is seeking to acquire the company's assets—including its patented Beam and Euclid digital die-cutting technologies—and relocate its operations, a move that would require approval from Israel’s Innovation Authority.
Highcon Chairman Shlomo Nimrodi confirmed the progress, stating that the court had approved the offer pending two final conditions expected to be resolved shortly. “The acquiring entity is highly committed to seeing through the success of Highcon’s technology in the marketplace,” Nimrodi said. The transfer would include not only Highcon’s physical assets but also its accumulated specialist knowledge, which the company estimates would take at least six months to successfully transition. Highcon has 85 systems installed globally, supporting 64 customers, including key names like Durham Box, Linney, and Glossop Cartons & Print in the UK, and has maintained customer support throughout the restructuring process.
The company’s technology portfolio includes 62 patents across 16 patent families, representing a significant intellectual property asset alongside its long-standing partnership with US packaging giant Sealed Air Corporation. While Sealed Air has not publicly commented on the latest developments, industry observers note that securing Highcon’s future through this acquisition would stabilize ongoing support for existing installations and preserve its innovations in digital die-cutting. The court is expected to finalize its decision by 29 July.
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