Territory Group formed with Cantina Creative acquisition

Creative agency Territory Studio (Blade Runner 2049, Ex-Machina, Bond: No time to Die) has acquired design and visual effects studio Cantina Creative (Avengers: Endgame, Iron Man 2) and formed Territory Group. 

Cantina adds offices in Vancouver and Los Angeles to Territory’s existing bases in London, San Francisco, and Barcelona, and is Territory’s first external acquisition.

Cantina will retain its brand and continue to operate independently, while looking to take advantage of opportunities from joining with Territory. Territory Group as a whole is targeting the growth in interactive experiences, such as those using AR and holographic technology.

Territory co-founder David Sheldon-Hicks said: “Acquiring studios like Cantina Creative into Territory Group helps unlock the studio’s growth potential. It’s very exciting for Territory Studio and Cantina Creative as they are incorporated into the group, and this is just the start.

“As a group, we are built for scale and for success, we have an ambitious roadmap laid out for the years ahead. In the real, the virtual and the imagined world, our interactions with content and experiences are rapidly evolving, enabled by advancing technology and the new frontiers of media.”

Cantina executive producer and former co-owner Sean Cushing added: “Cantina Creative is very excited to be the first external studio to join Territory Group. We have always been interested in expanding our technical and creative abilities and we recognize that the next chapter for us as a business requires scalability and infrastructure that the Group can provide.”