HP Eyes Buyout of Landa Digital Printing
July 2, 2025HP is leading a group of tech giants eyeing the acquisition of Landa Digital Printing, the Israeli firm founded by Benny Landa, which reportedly has collapsed under $515 million in debt. Other interested buyers include Canon, Xerox, Fujifilm, and Epson.
The court has granted a 14-day freeze on proceedings while talks continue. The sale, led by Japanese bank Nomura, is expected to close fast and at a steep discount—valued between $100–200 million despite $1.3 billion in past investment.
Landa, who previously sold Indigo to HP in 2002, owns 36.7% of the company. Major shareholders include Germany’s Altana and Sweden’s Winder. The company never reached profitability and recently cut half its 500 employees after overspending on salaries, patents, and overseas operations.
Despite generating $47 million in revenue last year, Landa Digital lost $164 million. The company’s ambitious sales plans fizzled after buyers backed out, leaving it with unsold inventory worth 170 million shekels. Insiders say any buyer will keep only a fraction of the staff.
A deal would mainly serve to repay creditors, who are likely to face losses of up to 90%.
