French broadcasting facilities company acquires UK outside broadcast firm
France’s Euro Media Group (EMG) has acquired UK outside broadcast firm Telegenic.
The acquisition is part EMG’s strategy to grow its business in the UK and Europe, where it already owns OB firm CTV and specialist camera company Aerial Camera Systems (ACS).
Telegenic operates a fleet of 15 OB and production trucks equipped for HD and UHD HDR productions, and provides services to leading sports, entertainment and music clients.
Telegenic recently opened offices in the USA and currently provide services to Sky and the PGA Tour.
EMG said the deal would allow it to expand its range of production capacities and services, and to better cover major events at a global level.
EMG said it will work with the Telegenic management team to continue developing the business.
Patrick van den Berg, co-CEO of EMG, said: “This acquisition fully fits within our international growth strategy, and particularly our ambition to consolidate our position in markets with strong potential.”
He added: “Our aim is to continue expanding in Europe and beyond through both autonomous growth and acquisitions while Telegenic’s US activity will allow EMG to further extend its international presence.”
Peter Bates and Terry James, Telegenic’s key shareholders and senior management, said: “For over 20 years Telegenic have been synonymous with significant technology milestones, offering market leading innovation delivered by a highly talented and motivated team. By becoming part of EMG we can continue to build on the reputation we have for delivering excellence, operating alongside companies that share our passion, values and ambition.”