{"id":264815,"date":"2025-09-09T15:41:37","date_gmt":"2025-09-09T22:41:37","guid":{"rendered":"https:\/\/worldimagingnews.com\/?p=264815"},"modified":"2025-09-09T15:42:55","modified_gmt":"2025-09-09T22:42:55","slug":"debt-ridden-landa-digital-printing-acquired-by-fimi-in-80-million-deal","status":"publish","type":"post","link":"https:\/\/worldimagingnews.com\/fr\/debt-ridden-landa-digital-printing-acquired-by-fimi-in-80-million-deal\/","title":{"rendered":"Landa Digital Printing Acquired by FIMI in $80 Million Deal"},"content":{"rendered":"<h5 class=\"ai-optimize-6 ai-optimize-introduction\" data-start=\"169\" data-end=\"311\"><strong><em data-start=\"247\" data-end=\"309\">Acquisition Secures Operations and Protects Majority of Jobs<\/em><\/strong><\/h5>\n<p class=\"ai-optimize-8 ai-optimize-introduction\" data-start=\"398\" data-end=\"813\">Benny Landa\u2019s digital printing company, <strong data-start=\"438\" data-end=\"459\">Landa Corporation<\/strong>, will continue operations following its acquisition by private equity firm <strong data-start=\"535\" data-end=\"543\">FIMI<\/strong>, which will invest <strong data-start=\"563\" data-end=\"578\">$80 million<\/strong> into the company, according to reporting by <strong data-start=\"623\" data-end=\"652\">CTech newspaper in Israel<\/strong>. The deal, approved by the Central District Court on Saturday evening, allows FIMI to acquire 100% of Landa Corporation while retaining most of its workforce.<\/p>\n<p class=\"ai-optimize-9\" data-start=\"815\" data-end=\"1140\">The move comes after Landa Corporation filed for court protection in July under financial distress, burdened by debts totaling approximately \u20aa1.7 billion (around $460 million). At the time, the court appointed attorney <strong data-start=\"1034\" data-end=\"1056\">Sigal Rozen-Rechav<\/strong> and CPA <strong data-start=\"1065\" data-end=\"1082\">Shlomi Filiba<\/strong> as administrators to oversee the restructuring process.<\/p>\n<p class=\"ai-optimize-10\" data-start=\"1142\" data-end=\"1473\">In her ruling, Judge <strong data-start=\"1163\" data-end=\"1178\">Hana Kitsis<\/strong> emphasized that the arrangement \u201censures the company\u2019s continued operations and safeguards the employment of most of its employees.\u201d She added that liquidation would likely generate minimal proceeds, as the company\u2019s primary customers are overseas and its only assets in Israel are machinery.<\/p>\n<p class=\"ai-optimize-11\" data-start=\"1475\" data-end=\"1949\"><strong data-start=\"1475\" data-end=\"1494\">FIMI\u2019s Position<\/strong><br data-start=\"1494\" data-end=\"1497\" \/>CTech reports that FIMI has contested certain decisions by the administrators, arguing that some changes to its original proposal were made without its consent. The fund specifically pointed to planned lease agreements, including a property in Rehovot, which it deemed unnecessary given the company\u2019s current scale. FIMI also expressed its willingness to cover the administrators\u2019 legal fees while opposing additional costs it considers illegitimate.<\/p>\n<p class=\"ai-optimize-12\" data-start=\"1951\" data-end=\"2176\">Despite these disputes, FIMI agreed to extend its offer\u2019s validity\u00a0 and proposed accelerating the transaction to close within two business days of approval rather than seven.<\/p>\n<p class=\"ai-optimize-14\" data-start=\"2448\" data-end=\"2675\">The $80 million acquisition ensures that Landa\u2019s operations in Israel continue, safeguarding the majority of employees\u2019 jobs and providing a path for restructuring the company\u2019s financial obligations, as highlighted by CTech.<\/p>","protected":false},"excerpt":{"rendered":"<p>Acquisition Secures Operations and Protects Majority of Jobs Benny Landa\u2019s digital printing company, Landa Corporation, will continue operations following its acquisition by private equity firm FIMI, which will invest $80&hellip;<\/p>","protected":false},"author":1,"featured_media":264819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[838],"tags":[426],"class_list":["post-264815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-2","tag-landa"],"_links":{"self":[{"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/posts\/264815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/comments?post=264815"}],"version-history":[{"count":3,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/posts\/264815\/revisions"}],"predecessor-version":[{"id":264820,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/posts\/264815\/revisions\/264820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/media\/264819"}],"wp:attachment":[{"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/media?parent=264815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/categories?post=264815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldimagingnews.com\/fr\/wp-json\/wp\/v2\/tags?post=264815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}