Landa Digital Printing Posts Massive Losses, Creditors Weigh Takeover
Landa Digital Printing has been losing roughly $150 million annually, with cumulative losses now totaling around $1.8 billion, highlighting the company’s ongoing financial struggles. Israeli private equity fund FIMI has proposed taking over the company for NIS 80 million ($20–22 million) as part of a restructuring plan. The move faces opposition from some creditors, including Vitania and Dagesh, who dispute obligations and the proposed release of management from legal claims.
FIMI argues the plan could preserve jobs, retain technology in Israel, and allow a three-year turnaround. Founded by Benny Landa, the company has long promised revolutionary “nanographic” printing technology but has consistently struggled to reach profitability, despite over $1.3 billion in investment. Analysts say this may be a textbook case of the sunk cost fallacy, continuing investment despite repeated losses. The coming months will determine whether the restructuring plan can stabilize the company or merely delay further financial decline.
