As part of its pre-chapter 11 emergence strategy, Eastman Kodak company has spun off two divisions - namely, its Document Imaging (DI) and Personal Imaging (PI) divisions, to the UK Kodak Pension Plan (KPP). Both divisions are now part of an independent company called Kodak Alaris. The transaction will affect about 4,700 employees, who will now be employed by Kodak Alaris.
Eastman Kodak will now cater to the graphic imaging, commercial printing and packaging industries.  While Kodak Alaris will serve the document imaging (scanners, software solutions and professional services) and personal imaging markets (consumer photo business, films, professional labs, paper, etc.).
Martin Birch, EAMER managing director of Kodak’s Document Imaging business , now part of Kodak Alaris, explains, “Kodak Alaris is a profitable business in the Gulf since it has under its umbrella the global business of document imaging and personalised imaging business, which continues to grow. This region for us is an area of tremendous growth and we have financial institutions, health sector and government organizations in the Middle East countries as our customers. There has been a 20% growth and we are investing in manpower in Dubai and Saudi Arabia.”
Kodak Alaris has a perpetual licence to use the Kodak brand and that includes licence to utilize certain trademarks, graphic designs, sub brands and domain names.
Manufacturing sites under the transaction include Harrow in UK, Shanghai, Xiamen and Wuxi in China, Malanpour in India, Manaus in Brazil and Pereslavl in Russia.