Board Converting News, July 21, 2025

Design, Sustainability Focus Of London Packaging Week BY GREG KISHBAUGH London Packaging Week will return on October 15-16, 2025, at the Excel London, to celebrate its 15th anniversary with a future-focused program and a speaker lineup featuring globally recognized brands, disruptive innovators, and leading organizations.

Landa Digital Printing Files For Bankruptcy

Landa Digital Printing, the Israel-based devel- oper of Nanographic digital printing technol- ogy, has filed for court protection. The com-

pany, according to reports, is burdened with approximately $516 million in debt and has encountered a critical cash flow shortfall fol- lowing the abrupt withdrawal of shareholder funding. Founded in 2011 by Benny Landa, the com- pany introduced its first alpha and beta digital press models in 2017. However, commercial sales only began in earnest in 2022. To date, just more than 50 machines have been sold globally. Deepening Losses The company posted combined losses of $312 million over 2022 and 2023. Revenue reached $35 million in 2022, followed by $47 million in 2023, but losses deepened year- over-year due largely to interest on share- holder loans, many of which were later con- verted into equity. The company does not have audited financial results for 2024. Translated To Sales At drupa 2024, Landa reportedly secured 50 letters of intent from prospective buyers, prompting the company to order components from suppliers. Ultimately, just 11 of those let- ters translated into confirmed sales.

This year’s conference program features Frank Stephenson, the de- signer behind some of the world’s most iconic luxury cars, including Fer- rari, McLaren, and Maserati. With more than three decades of experience, Stephenson will explore how the future of luxury packaging and design is shaped by craftsmanship, exclusivity, and innovative aesthetics. Kevin Marshall, Senior Creative Director at Microsoft, will join him and address the vital need for inclusive packaging. Drawing on Mic- rosoft’s journey sparked by the Xbox Adaptive Controller, Marshall will share practical insights and real-world examples demonstrating how packaging can be designed to be accessible and functional for every- one, particularly the millions facing challenges with everyday products. A session organized by the Alliance for Fibre-Based Packaging will bring together Alison Bramfitt, Head of Packaging at Nestlé UKI; Nikki Grainge, Packaging Technician at Marks & Spencer; Ed Smythe, Strate- gic Account Manager for Veolia; Richard Inskip, Compliance & Sustain-

CONTINUED ON PAGE 40

37

www.boardconvertingnews.com

July 21, 2025

Made with FlippingBook Annual report maker