Landa in court protection with reported debt of US$ 516 million

Rumored potential buyers include HP, Canon, Epson, Fujifilm, and Xerox

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Landa Digital Printing
Landa Digital Printing team with Robert Keane of Cimpress (2nd from right) and Benny Landa (extreme right) at drupa 24 Photo IPP

The trade press and Israeli financial media report that Israel–based Landa Digital Printing filed for court protection from insolvency proceedings brought by lenders in the last week of June 2025. On Monday 30 June, the court granted the company 14 days to freeze proceedings. Benny Landa owns 36.7% of the company and major shareholders include Germany’s Altana and Sweden’s Winder.

The current state of play seems to be that there are several suitors interested in acquiring Landa Digital including digital press manufacturers HP, Canon, Epson, Fujifilm, and Xerox. Reports indicate that the sale being handled by Japanese bank Nomura, is likely to conclude quickly.

Ironically Komori, which builds the chassis for the Landa Digital presses and has its version ready for market, has not yet been mentioned in the press as a potential buyer. Some reports put the slump sale at between US$ 100 million to 200 million. Estimates put the amounts invested over the years in Landa Digital at US$ 1.3 billion.

Calcalist, Israel’s daily financial newspaper, reported that Landa Digital Printing’s current accumulated debt is approximately US$ 516 million. According to Calcalist, Landa Digital Printing lost US$ 312 million across 2022 and 2023. In 2022, it posted US$ 35 million in revenue with a loss of US$ 148 million. Revenues rose to US$ 47 million in 2023, with the loss that year increasing to US$ 164 million. As yet, the company’s audited financial statements for 2024 are not available.

A statement from Landa Digital on 29 June 2025, stated that shareholders who funded the company over the years are cutting funds immediately. As a result of the cash flow crisis, the company has undertaken a reorganization in recent weeks including significant cost-cutting measures.

Extensive patent holder and serial inventor Benny Landa earlier developed the Indigo digital press first shown in 1993, which was subsequently sold to HP, which has managed to make a success of the ‘liquid ink’ technology and the company. He launched Landa Digital Printing in 2011 and at drupa 2012 theatrically promised offset quality using “nano” particles of ink, at reasonable speeds and near–offset running costs in what has come to be known as nanographic digital printing.

There were delays in the development and fine-tuning of the technology although many well–known industry savants declared that its color quality was “good enough” in time for drupa 2016 – where the Landa digital presses were shown at the company’s and Komori’s stands. Some orders were booked and small advances were taken at drupa 2016 but the Alpha and Beta machines were only shipped in 2017.

Series production and sales began in 2022. At drupa 2024 there was considerable improvement in quality and in the Landa theatre, the similar performance of color reproduction on a variety of substrates was demonstrated. The company has reportedly sold only 50 machines so far. Of the 50 letters of intent to purchase Landa digital presses received at drupa 2024, only 11 sales have materialized.

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