on CEWE Stiftung & Co. KGaA (ETR:CWC)
CEWE Acquires Kodak Alaris's Instant Photo Business Enhancing Global Reach
CEWE Stiftung & Co. KGaA has signed an agreement to acquire Kodak Alaris's KODAK MOMENTS Retail Photo Solutions. This acquisition aims to expand CEWE's photofinishing business globally, integrating around 37,000 photo kiosks across 16,000 retail locations. The purchase includes a production facility in Windsor, Colorado, enhancing delivery capacity.
KODAK MOMENTS, generating annual revenues of approximately 200 million euros, is expected to contribute positively to CEWE's earnings by 2027. The acquisition will help CEWE enter key international markets and improve its retail visibility.
The transaction, valued at 88 million euros, is contingent on antitrust approvals, projected to close in the first half of 2027.
R. E.
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