Euro Media Group (EMG) has announced the acquisition of UK outside broadcasting company Telegenic.
Telegenic currently operates a fleet of 15 HD and UHD HDR capable Outside Broadcast and Production trucks. It recently opened offices in the USA and currently provide services to Sky and the PGA Tour.
The acquisition is part of the EMG’s strategy to grow its business in the UK and Europe, as well as to expand its production capacities to better cover major events at a global level.
EMG says it “will rely on the experience and expertise of the current Telegenic management team to continue developing the business with the support of the Group.”
Patrick van den Berg, co-CEO of EMG, said: “We are excited to welcome Telegenic and its very talented and respected team into the Euro Media Group This acquisition fully fits within our international growth strategy, and particularly our ambition to consolidate our position in markets with strong potential. It also showcases our ability to attract successful companies into the Group as we look to grow our business. 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: “This is an exciting opportunity that will unlock the potential we have as a company to explore emerging technologies as the industry transitions to a new way of working. 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.”
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