Landa Digital Printing begins new chapter without Benny Landa

Landa Digital Printing has begun a new era under the ownership of FIMI – but the business will now continue without its charismatic founder Benny Landa, who has stepped down.

The acquisition of Landa Digital Printing (LDP) by FIMI, Israel’s biggest private equity firm, has been finalised with all technicalities completed after its rescue deal gained court approval earlier this month.

FIMI has appointed three of its representatives as the new board with Richard Klapholz taking on the role of executive chairman alongside FIMI colleagues Gillon Beck and Roi Gazit.

Klapholz said FIMI was excited about LDP’s potential, and the group planned to build a “strong, enduring industrial company”.

Of founder Benny Landa, he said: “Benny is the inventor of the technology and the forever founder of the technology.

“We have received his blessing and he has supported the arrangement in the court, but Benny no longer has a function in the company. We will continue to consult with him and meet with him – in fact he came by last week to celebrate Jewish New Year with us – and so the relationship will continue, but we are in a new era.”

https://www.printweek.com/content/news/landa-digital-printing-begins-new-chapter-without-benny-landa

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