February 2, 2007
by Oral Health
‘Carestream Health, Inc.’ Selected As Name For
Successor To Kodak’s Health Group
ROCHESTER, N.Y., Jan. 30 “Carestream Health, Inc.”
That’s the name, unveiled today, for the independent company that will result from the sale of Eastman Kodak Company’s Health Group to a subsidiary of Onex Corporation, Toronto, Canada. The multi-billion-dollar sale, expected to close in the first half of 2007, is subject to receipt of regulatory approvals.
After closing, Carestream Health, which will have more than 8,100 employees serving thousands of customers globally, will immediately become a stand-alone company, taking its place among the world’s leading medical imaging and healthcare IT businesses.
“As the Health Group moves toward the end of a long, successful chapter in its history, it now takes a major step toward a new beginning with the introduction of Carestream as its future company name,” said Robert M. Le Blanc, Chairman of Carestream Health and Managing Director of Onex. “We look forward to making Carestream synonymous with quality, efficiency and integrity hallmarks the Health Group and its proven product portfolio have represented over the decades.”
While Carestream Health, Inc., will be the business’s name in the United States, the name will vary somewhat by country to reflect local laws and practices. In the United Kingdom, for example, the business will be known as Carestream Health UK Limited. Additionally, in a few countriesArgentina, Brazil, China and Mexicothe Carestream Health name will not be used initially for regulatory reasons. Regardless of these differences, no change will occurworldwidein the use of Carestream as a sub-brand for products and services.
Moving forward, marketing and branding efforts will focus on enhancing the Carestream sub-brand and on building Carestream Health’s corporate identity.
About Kodak’s Health Group
Kodak’s Health Group is a leading provider of medical and dental imaging systems and information technology solutions; molecular imaging systems; and non-destructive testing products.
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