Founder Landa secures stay of proceedings to restructure $516 million debt and pursue fresh investors
After filing for court protection, Landa Digital Printing, founded by visionary and inventor Benny Landa, has been given a lifeline. The Central District Court on Thursday (10 July) issued an order to stay proceedings against the company and appointed advocate and CPA Sigal Rozen-Rechav and CPA Shlomi Filiba as administrators.
Founder Landa, who attended the hearing, praised the company’s potential and predicted an optimistic future, despite its financial situation. To date, over $1.3 billion has been invested in the company, first by Landa himself, who contributed over $220 million of his own capital, and in recent years by secured investors.
The court issued the decision based on the recommendation from the Commissioner of Insolvency and Financial Rehabilitation Proceedings (Corporate Department), who believed it was appropriate to give the company a chance to continue its efforts to find an investor and reach a debt arrangement as requested.
The Israeli company, well known for revolutionising the printing process with its Nanography technology, had filed for court protection from insolvency proceedings brought by lenders in the last week of June 2025. On 30 June, the court had granted the Rehovot-based company two weeks to freeze proceedings. Landa Digital Printing had cited global economic challenges, the war in Israel, rising international shipping costs, and delay in customer payments as the main reasons for the current debacle.
CTech, the technology news site of Israel’s financial daily Calcalist, had reported that Landa’s debt is in tune of approximately $516 million, of which $430 million is owed to its shareholders. The remaining debt is owed to suppliers, employees, and Mizrahi-Tefahot Bank. The funds were channelised into developing machines, building production and assembly lines, and creating an international sales network.
The company had a severe financial setback, losing $312 million in 2022-2023. In 2022, Landa posted $35 million in revenue against a loss of $148 million. Though 2023 saw a $47 million revenue uptick, the company’s loss slid further to $164 million. The increase in loss stemmed mainly from some of the shareholders’ interest payment on loans, which later became equity.
Over the years, the company raised $1.3 billion, all from foreign investors and Landa himself. Among the largest backers are private international entities that also hold company debt, meaning they invested both equity and loans.
Landa is the company’s largest shareholder, owning 36.7%. Other major shareholders include German companies ALTANA AG (28.9%) and SKion GmbH (16.4%), and Sweden’s Winder Pte. Ltd. (10%). Landa Labs (Landa’s holding company) owns 4.6%, while 3.1% of the shares are held by the company’s employees.
Landa Digital Printing was founded by Benny Landa in 2011. The company developed the Nanography technology, a revolutionary nanotechnology-based printing process that saves print providers and packaging converters from the barriers of traditional digital and analogue printing technologies. The company also supplies game-changing Nanographic Printing presses worldwide.
