The NEP Group has agreed a deal to acquire Consolidated Media Industries (CMI), the Netherlands-based media group which includes the DutchView and Infostrada Creative Technology brands.
DutchView is a provider of remote production systems and operates ten studios in Amsterdam and Hilversum, as well as a fleet of five high definition mobile units and two music production vans.
Infostrada Creative Technology’s offering includes proprietary systems and facilities for ingest, post production, distribution, transcoding, streaming and archiving.
The proposed deal, which is expected to close during the third quarter of the year, will be the latest in a string of acquisitions for the US-headquartered NEP Group which has been busy snapping up facilities firms across Europe.
In May, NEP bought OB companies Outside Broadcast and RecordLab TV & Media. In February, it acquired Ireland’s Screen Scene Group. It also recently purchased Sweden-based OB firm Mediatec Group.
The CMI brands will continue to operate independently under their current management teams.
“We are excited to become part of NEP’s growing worldwide network of brands. Their global presence will give us a great opportunity to deliver the broad variety of unique workflow solutions that CMI has developed over the years,” said CMI chief executive Michiel van Duijvendijk.
The latest edition of Broadcast TECH includes an in-depth look at the ever-expanding NEP Group.
No comments yet