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Private equity firm purchases Kodak Alaris, parent of Kodak Moments Acquisitions News 

Private equity firm purchases Kodak Alaris, parent of Kodak Moments

GaryPageau , ,
Kodak Alaris announced Kingswood Capital Management, LP acquired the company from the United Kingdom Pension Protection Fund. Kingswood is a Los Angeles-based private-equity firm focused on buyouts of middle-market businesses and has significant experience in driving value for consumer and industrial services businesses. Kodak Alaris was formed following the 2012 bankruptcy of Eastman Kodak Co., with a purchase of Kodak’s... Read More
Kodak Moments inducted into Kiosk Industry Hall of Fame News 

Kodak Moments inducted into Kiosk Industry Hall of Fame

GaryPageau , ,
Kodak Moments is the newest member of the Kiosk Industry Hall of Fame, an award presented by the Kiosk Industry Group to recognize outstanding achievement and long-standing service to the kiosk industry. Kodak Moments is the first business to be inducted into the Kiosk Hall of Fame since its inception in 2003. Previously, the Hall of Fame was an honor... Read More
Photo Systems Inc. signs chemicals licensing deal with Eastman Kodak Co. News 

Photo Systems Inc. signs chemicals licensing deal with Eastman Kodak Co.

GaryPageau , , ,
Dexter, Mich.- based chemicals company Photo Systems Inc., announced the company is the new authorized brand licensee for Eastman Kodak-branded photo chemicals worldwide. Terms of the transaction were not disclosed. Photo Systems says the chemicals would be available in early 2024. Formerly a contract manufacturer for Kodak Alaris and Sino Promise, Photo Systems brings more than 50 years of photographic... Read More
Kodak Alaris financial report reveals heavy reliance on film business Earnings reports Opinion 

Kodak Alaris financial report reveals heavy reliance on film business

GaryPageau , ,
Kodak Alaris Holding Ltd., the parent company of Kodak Moments, released its Fiscal Year 2023 earnings in the United Kingdom, for the year ending March 31, 2023. The report sheds light on the company’s financial condition and adds context to recent reports the business is up for sale. Among the highlights of the 111-page document was this section below, revealing... Read More
Kodak photo paper and chemicals fade from the market News 

Kodak photo paper and chemicals fade from the market

GaryPageau , ,
Sino Promise Group, the China-based maker of Kodak-branded photographic paper and chemicals for professional and amateur photofinishing, notified customers the company will “no longer be offering” the products, according to correspondence provided to the Dead Pixels Society. Sino Promise has not responded to requests for comment. Unconfirmed reports from photo labs say the sales team has already been dismissed. The... Read More
Sky News: Kodak Alaris owners are shopping the company News 

Sky News: Kodak Alaris owners are shopping the company

GaryPageau , , ,
Sky News reports Britain’s Pension Protection Fund (PPF) is poised to put Kodak Alaris, the photographic and document imaging group, up for sale. Sky News city editor Mark Kleinman writes the PPF, which has owned Kodak Alaris since 2020, “has kicked off talks with bankers about an auction of the company behind the ‘Kodak moments’ made famous by its multinational... Read More
Impacted by COVID, Kodak Alaris reports lower results Earnings reports News 

Impacted by COVID, Kodak Alaris reports lower results

GaryPageau ,
Kodak Alaris Ltd., Hemel Hempstead, U.K., released its annual final annual financial report. Kodak Alaris Ltd. is comprised of parts of the Alaris and Kodak Moments businesses of the Kodak Alaris Group in Europe, the Middle East, and Africa. Kodka Following an internal reorganization of the PPF business, Kodak Moments successfully integrated the Film business with effect from April 1,... Read More
Kodak Alaris announces TRI-X 400 single-use camera  News 

Kodak Alaris announces TRI-X 400 single-use camera 

GaryPageau ,
Kodak Alaris expands its portfolio with the launch of the Kodak Professional TRI-X 400 single-use camera. The with-flash camera comes pre-loaded with 27 exposures of Kodak Professional TRI-X 400 film, known for its contrast, tonality, and classic grain structure. The TRI-X 400 film requires a traditional black-and-white film development process. The camera is now available from distributors. “Kodak single-use cameras... Read More
Kodak Moments launches touch-free kiosk News 

Kodak Moments launches touch-free kiosk

GaryPageau , , ,
Kodak Moments has announced a touch-free photo-printing kiosk solution for retailer partners. The touch-free technology is already enabled on the company’s Kodak Moments To Go kiosks and can be retrofitted into current Kodak Moments retail products. To use, consumers scan an on-screen QR code and go through the ordering process on their mobile device. Payment and photo fulfillment are then... Read More
Kodak Alaris takes out $50 million loan from UK pension fund News 

Kodak Alaris takes out $50 million loan from UK pension fund

GaryPageau
Kodak Alaris, the marketer of Kodak film, kiosks, and Kodak Moments apps, has secured a three-year $50 million credit facility from the U.K. Pension Protection Fund (PPF), according to Australia’s Inside Imaging. The move was made just weeks before PPF becomes a part-owner of the business through the acquisition of the failing Kodak Pension Plan (KPP2). The $50 million is... Read More
Kodak Moments settles patent infringement action about panorama prints News 

Kodak Moments settles patent infringement action about panorama prints

GaryPageau , , ,
Kodak Moments, a division of Kodak Alaris, said it settled a patent infringement lawsuit that it brought against Citizen Systems, DNP Imagingcomm and Dai Nippon Printing in the U.S. District Court for the District of Delaware in August, 2018. The suit alleged certain printers sold or manufactured by these companies infringed Kodak Alaris’ panoramic printing patents. As a result of... Read More
Kodak Alaris is still shopping film, paper and chemicals business Earnings reports News 

Kodak Alaris is still shopping film, paper and chemicals business

GaryPageau ,
Kodak Alaris revealed, in its latest annual report, the company is still seeking a buyer for its Paper, Photochemicals and Film (PPF) business after a potential buyer dropped out. Kodak Alaris, the spinoff from Eastman Kodak Co., has been seeking a buyer for some of its businesses to shore up its underperforming results. Additionally, the report stated company management is... Read More
photokina 2020 announces key exhibitors and some cancellations Events Press releases 

photokina 2020 announces key exhibitors and some cancellations

GaryPageau , , , , , , , , , , , , , , , , , ,
photokina 2020: an industry in transformation, a decisive chance for the future The imaging industry is currently undergoing massive changes, which also have an impact on photokina as the industry’s leading trade fair – and this in a dimension never seen before. While on the one hand the classic camera market reports strongly declining sales and turnover figures, the enjoyment... Read More
Talking kiosks with Kodak Moments’ Michael Graham Feature News Opinion 

Talking kiosks with Kodak Moments’ Michael Graham

GaryPageau , ,
Kodak Moments, the consumer-focused brand from Kodak Alaris, recently introduced the smaller footprint M1 photo kiosk. In spite of the rather snarky media writeups, the photo kiosk business is still viable for retailers looking to offer a low-cost, self-service option. Despite all the changes since the 2012 bankruptcy of Eastman Kodak Co. and subsequent spin-off of Kodak Alaris as the... Read More