Tuesday, October 28, 2025
Industry NewsFIMI acquires Landa Corporation

FIMI acquires Landa Corporation

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FIMI acquires Landa Corporation

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A debt restructuring plan for Landa Corporation, the digital printing company founded by entrepreneur Benny Landa, has been approved by a Central District Court in Israel. Under the approved plan, Israeli private equity firm FIMI Opportunity Funds will take full ownership of Landa Corporation and inject USD 80 million (£64 million) into the business. The company had previously sought court protection in July after accumulating debts of around USD 460 million (£368 million). The court appointed attorney Sigal Rozen-Rechav and CPA Shlomi Filiba to manage the restructuring process.

Judge Hana Kitsis, who handled the case, explained that the approved arrangement would allow the company to continue its operations and secure most of its workforce’s jobs. She pointed out that liquidation would likely yield minimal returns, given that most of the company’s customers are outside Israel and its local assets largely consist of machinery.

“Approval of the debt arrangement will allow many employees to retain their jobs and source of income while preserving their full rights,” Judge Kitsis wrote in her ruling. “On the surface, it appears that any gains from a liquidation alternative would be minimal.”

Additionally, FIMI partner Gillon Beck acknowledged the serious financial difficulties Landa Digital Printing is facing, revealing that the company has been incurring losses of approximately USD 150 million (£120 million) annually – about USD 12 million (£9.6 million) per month.

Beck stated that FIMI’s recovery strategy envisions a three-year period to stabilise the company. He highlighted the crucial role of maintaining relationships with key suppliers, due to the firm’s lack of in-house production capacity. He also stressed the broader economic and technological importance of the restructuring, noting that it would help preserve jobs in Israel and maintain access to valuable intellectual property.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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