Landa Requires Greater Investment, Announces Restructure

In a prepared statement from Landa Digital Printing, the company has initiated a "restructuring process to align the company’s structure with the current business environment and support its growth. The company’s management is in talks with potential strategic investors."

Landa notes in the statement that the company has experienced a 30% rise in the number of printing presses installed at customer sites. It cites that many of those are repeat orders, including Marketing Alliance Group and Advantage ColorGraphics, in recent months.

While the company reported positive growth during drupa in 2024, it notes that "customer caution due to geopolitical and economical uncertainties, the ongoing war in Israel," among other challenges, have led to this decision. Although Landa did not report how it intends to restructure, local publication Globes reports that the company plans to lay off more than 100 employees, accounting for more than 20% of its workforce.

Here is the full statement from Landa:

Landa Digital Printing (LDP) has initiated a restructuring process to align the company’s structure with the current business environment and support its growth. The company’s management is in talks with potential strategic investors.

Landa Digital Printing developed the world’s first and only digital solution for mainstream commercial and folding carton printing, based on groundbreaking Nanographic printing technology that is transforming the industry.

The company serves a range of global customers, including top companies in the printing industry and their clients - among them multinational corporations and leading brands in the food, pharmaceutical, publishing, and other sectors.

The company is experiencing growth and, over the past year, has seen an increase in new customers, with a 30% rise in the number of printing presses installed at customer sites, including many repeat orders from key customers.

Although the company’s potential is very clear, it now requires greater investment than initially anticipated, in light of the market environment, customer caution due to geopolitical and economical uncertainties, the ongoing war in Israel, and other commercial challenges.

As a result, LDP’s management and board of directors have decided to reorganize the company to better adapt to the current market landscape and to pursue realizing its potential. As part of this process, workforce reductions will be implemented. Customers and their business continuity remain the company’s top priority. In parallel, the company is in discussions with potential strategic investors.