Kodak film business up for sale as Kodak Alaris sheds photo units

The future of Kodak-branded Ektachrome film and other photography products is uncertain as Kodak Alaris plans to sell its photochemical and film unit, and may eventually sell all of its assets, according to recent company filings.

Kodak Alaris was carved out of Eastman Kodak in 2013 after Kodak bankruptcy proceedings and markets Kodak-brand business, film and photography products.

In its most recent annual report and financial statements, which covers a 15-month period between January 2017 and March 2018, the company noted that its board approved a sale of its PPF business (paper, photochemicals and film) and all of its assets, and is “actively planning” for such an event, including engaging in discussions with a unnamed bidder.

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