Global, Industrials | Mergers & Acquisitions

Kodak Divests Eastman Gelatine Subsidiary

  • TM Capital negotiated the divestiture by Eastman Kodak Company of its Eastman Gelatine subsidiary to Netherlands-based Rousselot, part of the VION Food Group
  • Eastman Kodak (NYSE: EK) is a global leader in imaging technology, with $7 billion in revenue
  • Eastman Gel, a subsidiary of Eastman Kodak Co., manufactures gelatin for the photographic, pharmaceuticals, edible protein and food/confectionary markets
  • Rousselot, a leading global manufacturer of gelatin and collagen peptides, is a division of VION, an internationally operating food company with revenues of nearly $12 billion
  • This is the third divestiture that TM Capital has completed for Eastman Kodak Company

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