Kodak Alaris, the company which brought back Kodak Ektachrome 35mm film, is apparently looking for a buyer.
Inside Imaging revealed this information that Kodal Alaris is up for sale. The company itself did not reveal any offical plans for sale, however according to reports, their Paper, Photochemicals and Film unit has been up for sale since the beginning of last year.
According to the report, this company’s unit is valued at about $34 million and the discussions for sale are underway.
Kodak Alaris’ shareholder is Kodak Pension Plan, a Uk pension fund, that bought Kodak Alaris from Eastman Kodak back in 2013 for $325 million.
Kodak Alaris is a profitable business but with losses after taxes.
What’s going to happen? We should know soon, probably next month as this brings the first quarter to the end.