You are here
Home > Posts tagged "Kodak Alaris"

Tag: Kodak Alaris

CEWE acquires Kodak Alaris’s global Kodak Moments business Acquisitions News Opinion 

CEWE acquires Kodak Alaris’s global Kodak Moments business

GaryPageau , ,
CEWE Stiftung & Co. KGaA signed an agreement with Kodak Alaris, a portfolio company of Kingswood Capital Management, to acquire the KODAK MOMENTS Retail Photo Solutions business unit. With this acquisition, CEWE said it is expanding its core Photofinishing business internationally, improving its position in physical retail, and expanding its presence at the point of sale. KODAK MOMENTS Retail Photo... Read More
Platinum Equity announces Kodak Alaris recapitalization Investments News 

Platinum Equity announces Kodak Alaris recapitalization

GaryPageau , ,
Beverly Hills, Calif.-based Platinum Equity led a recapitalization for Kodak Alaris, which operates Kodak Moments, a global provider of film and photo solutions, and Alaris, a provider of data capture and processing solutions to enterprises and consumers. Platinum Equity is a investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies, including Jostens.... Read More
Kodak Alaris sells buildings in Windsor, Colo, used for Kodak Moments media News 

Kodak Alaris sells buildings in Windsor, Colo, used for Kodak Moments media

GaryPageau ,
Kodak Alaris LLC has sold its buildings on the former Eastman Kodak Co. campus for $23 million to MAG Capital Partners, one of the final pieces of the camera product company that once employed more than 3,500 at the site. According to the Greeley Tribune,  the company now employs 100 people at the facility at 9952 Eastman Park Drive, which... Read More
Kodak Alaris debuts KODAK S5000 Scanner Series and KODAK Capture Pro 7.0 New Products 

Kodak Alaris debuts KODAK S5000 Scanner Series and KODAK Capture Pro 7.0

GaryPageau ,
Kodak Alaris introduced the new generation of production scanners and the KODAK Capture Pro capture solution. The new KODAK S5000 Series Scanners are  consistently designed for maximum productivity for high scanning volumes, while the software ensures increased automation. At the heart of the new KODAK S5000 Scanners is a 32-core image processor – compared to 12 cores in previous models.... Read More
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