Landa joins Fimi: focus on reliability and profitability

One month after the judicial validation of its takeover plan, Landa Digital Printing confirms its acquisition by Fimi and presents its turnaround strategy.

Until now, Landa Digital Printing (LDP) had not officially spoken out about its future. Now it has. The Israeli manufacturer of nanographic presses confirmed, on the 1st er october, the completion of its takeover by the Fimi investment fund, billed as the largest and most successful in the country.

This announcement comes almost a month after the decision of Israel's Central District Court, which had validated FIMI's offer of $80 million according to the Israeli newspaper CTech . At the time, the judge ruled out liquidation, which was deemed to be unfavorable for creditors and to destroy jobs.

Landa announces the appointment of Richard Klapholz as Executive Chairman, alongside a new Board of Directors.

"Our approach is pragmatic and long-term: targeted investments, operational excellence and constant, measurable progress. The printing industry needs LDPâeuros' cutting-edge technology; our mission is to harness its tremendous potential." declares the new Chairman.

For his part, General Manager Gil Oron is highlighting a plan focused on improving the performance of his presses, ensuring the availability of after-sales service and securing supplies. Three priorities designed to restore the confidence of customers and partners after months of crisis.

"With Fimi's support, LDP is ideally positioned to strengthen its operational infrastructure and global presence, and to accelerate product innovation and profitability."

Company founder Benny Landa is delighted with the takeover. In the press release, he says "happy" that the company he founded and the technology he invented can continue to grow.

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