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1 July 2025
Landa Files For Creditor Protection
REHOVOT, ISRAEL——
Landa Digital Printing has submitted to the court for a stay of proceedings after it said it had “encountered a cash flow crisis”. Earlier the digital press manufacturer said it was restructuring and looking for fresh investment, after customers had reined back their plans in the light of Middle East conflict. Linda has more laid of about 100 employees,( 20% of workforce of some 500) .A report by Israeli financial said that half of the remaining employees have now received layoff notices.
Linda Digital Printing said that “despite the company’s significant achievements”, the time required to fully realize its business potential is longer than expected. “The geopolitical situation, resulting from the prolonged war in Israel and regional instability, as well as commercial reasons, have made it difficult for the company. “As a result, the company has encountered a cash flow crisis. In response, the company has undertaken a reorganization in recent weeks, including significant cuts to address the situation and allow the continued realization of its potential.” HP, Canon, Xerox among suitors as Landa struggles with mounting debt. The court has granted a 14-day freeze as buyers negotiate fire-sale prices.
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Landa Digital was founded by Benny Landa a Canadian from Edmonton and is still a major share holder
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Linda Digital had sold more than 70 presses, including Mitchell Press of Vancouver.
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