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In 2007, the Kodak Health Group was sold to Onex Corporation for $2.35 billion in cash. [ 3 ] [ 4 ] Around 8,100 employees transferred to Onex, and Kodak Health Group was renamed Carestream Health. In April 2017, Carestream Health announced an agreement to sell its Dental Digital business to private equity firms Clayton, Dubilier & Rice and the ...
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A number of divisions were sold off to repay debts from previous investments, most notably the Kodak Health Group, one of the company's profitable units. [ 124 ] [ 131 ] Kodak used the $2.35 billion from the sale to fully repay its approximately $1.15 billion of secured term debt.
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Sino Promise had previously acquired the Kodak Alaris paper slitting plant in Xiamen, China, in 2015 and the Kodak Alaris photochemical plant in Wuxi, China in 2012, which produces Flexicolor products for RA-4 and C-41 processes. Paper production had already been outsourced to Carestream Health, US and Kodak B&W chemicals to Tetenal, Germany.
The Center for Creative Imaging (CCI) was a short-lived education and training center [1] [2] located in the renovated Knox Mill complex in Camden, Maine from about 1991 to 1994. It was an Eastman Kodak Company facility designed to teach digital imaging and related subject matter to artists, design professionals, photographers, and production ...
[11] [12] In 1993, Eastman Kodak/Sterling Winthrop partnered with a French pharmaceutical company Elf Sanofi (now known as Sanofi). [11] In June 1994, Eastman Kodak sold the prescription drug business of its Sterling Winthrop subsidiary to Sanofi for US$1.675 billion and the return of Kodak's minority stake in Sterling Health Europe. [13]
The unit provides digital radiography, ultrasound imaging, healthcare IT and services to hospitals, imaging centers, clinics and private practices across the US, Canada and Latin America. [citation needed] In July 2017, the company acquired Aliso Viejo, California-based genetic testing firm Ambry Genetics, [20] for a reported US$1 billion. [21]