U.K. Kodak Pension Plan completes acquisition of Kodak’s Personalized Imaging and Document Imaging Businesses

Dennis Olbrich, President of Kodak Alaris’ Personalized Imaging business, and Dolores Kruchten, President of Kodak Alaris’ Document Imaging business, will provide leadership for Kodak Alaris.

“Our excitement around the acquisition of these businesses comes not just from their market strength but from what we see as long-term, highly successful growth opportunities,” said Steven Ross, independent chairman of KPP. “Today starts the new chapter of a storied brand and we’re thrilled with the potential the new company holds for our plan members, our customers, and our employees.”

“Our new owner shares the same high commitment to our Kodak Alaris’ Personalized Imaging and Document Imaging customers, which is what makes the future of Kodak Alaris so exciting,” said Olbrich. “As we celebrate this critical step on our journey, the priority is to continue to meet and exceed the needs of customers and consumers. This we will do by continuing our solid tradition of customer service, all made possible by our committed and talented employees.”

When the transaction completes globally, Kodak Alaris will have more than 4,700 employees in approximately 30 countries with expected revenue of more than $1.3 billion.