REHOVOT, ISRAEL—  Landa has been saved from bankruptcy after Court approved the purchase of the company by FIMI, Israel’s largest private equity firm. The agreement FIMI has acquired Landa Digital Printing and invested $80m into its operations. FIMI will own 100% of Landa and will continue to employ the majority of its workforce. The court approved the arrangement with Landa and FIMI, citing the safeguarding of employees and the minimal gains of a liquidation alternative. At the end of June Landa filed for court protection following a shareholder exit leaving the company with total debts of around $516m. Much of the debt is owed to shareholders, including interest-bearing loans that can convert to equity if the company continues operating. The remaining debt is owed to suppliers, employees, and Mizrahi Tefahot Bank.