£295 / $515 / €370
Carestream Health provides medical and dental imaging systems and healthcare information technology (IT) solutions; molecular imaging systems for the life science research and drug discovery/development market segments; and X-ray film and digital X-ray products for the non-destructive testing market. It also operates the Carestream Advanced Materials group, which is developing new film products for the printed electronics market, including solar-panel and touch-screen technology.
Carestream Health was formed in May 2007 following Onex Corporation's acquisition of Eastman Kodak's Health Group for US$2.35 billion. Carestream Health has licensed the Kodak brand for use with its own brands across its portfolio of medical imaging and healthcare IT products.
In 2010, Carestream Health generated revenues of US$2.3 billion and served a global customer base in 150 countries. Its revenues in the first six months of 2011 amounted to US$1.15 billion. The company employs approximately 7,425 people worldwide.
Onex is a Canada-based private equity group that trades publicly on the Canadian stock exchange. It owns a portfolio of companies that are active in a diverse range of industry segments, including: healthcare, electronics manufacturing services, aerostructures, financial services, customer support services, metal services and other businesses such as aircraft, commercial vehicles, gaming, building products and real estate. In addition to Carestream Health, Onex’ other healthcare interests consist of: Center for Diagnostic Imaging, a US provider of diagnostic and therapeutic radiology services; Skilled Healthcare Group, an organisation of skilled nursing and assisted living facilities operators in the US; and Res-Care, a leading provider of residential, training, educational and support services for people living with disabilities and special needs in the US, Canada and Europe. Onex completed the sale of its interest in Emergency Medical Services Corporation in May 2011.
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Core product areas, key brands, product approvals and launches
|Research and Development
Manufacturing and Distribution
Mergers, Acquisitions, Minority Investments and Divestments
Key Corporate Events
The report was produced as part of Medical Device Companies Analysis (MDCA). For more information on MDCA, click here.