# Eastman Kodak agrees to sell Flexographic Packaging Division to Montagu

Eastman Kodak agreed to sell its Flexographic Packaging Division to private equity firm Montagu for a base price of $340 million, with up to $390 million total including earn-outs and prepayments.

- Type: Acquisition
- Announced: 2018-11-12
- Where: Rochester, New York, United States
- Value: $390.0M
- Status: announced
- Products: KODAK FLEXCEL NX System, flexographic printing products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Montagu Private Equity](https://endata.com/companies/4045.md) (acquirer)
- [Eastman Kodak](https://endata.com/companies/4162.md) (partner)
- [Kodak](https://endata.com/companies/4198.md) (partner)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/31235/000119312518324635/d600171dex991.htm), 2018-11-12: "Kodak expects to receive total value of up to $390 million, comprised of the following components"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-mas-week-leaf-resources-kodak-krones/), 2018-11-16: "Kodak has agreed to offload its flexographic packaging business to Montagu Private Equity in a transaction worth $390m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.