Berliner Synchron GmbH
Berliner Synchron GmbH: Take-over declaration by S&L Medien Gruppe
– The oldest German dubbing company is not affected by the parent company’s application on insolvency proceedings in self-administration – Operating business continues to function as usual Berlin, 27th July 2016. The corporate bodies of CINEMEDIA AG and Berliner Synchron GmbH have engaged in takeover negotiations with the Munich-based S&L Medien Gruppe that is currently conducting a Due Diligence on the proposed acquisition of the oldest and one of the biggest German dubbing companies. Marcus Dröscher, CEO of Berliner Synchron GmbH: “S&L Medien Gruppe would be an ideal partner whose support enables Berliner Synchron GmbH to both drive its sustainable future and continue its growth.” “A successful dubbing company would fit into our existing portfolio very well and would excellently complement our range of services along the entire value chain for film distributors, cinema operators, television stations, home entertainment companies and games publishers. We have therefore declared the intention of taking over Berliner Synchron GmbH”, says Maria-Theresia von Seidlein, Managing Director of S&L Medien Gruppe. A final decision is expected in the next few weeks. Berliner Synchron GmbH is not affected by the parent company’s application on insolvency proceedings in self-administration, which has been opened by the District Court of Berlin today. The operating business of Berliner Synchron GmbH will be continued unrestrictedly and the highly qualified team with approximately 60 employees will continue to ensure the usual professionalism, quality and individual service to all customers. Berliner Synchron GmbH is scheduled to move into its new premises at the Gasometer in Berlin-Schöneberg in early 2017. In addition to the modern studio landscape and the attractive campus infrastructure, the full digitalization of workflows will allow customers to track the production process digitally in future. About Berliner Synchron GmbH: For more information: www.berliner-synchron.de In case of queries please contact: End of Media Release Issuer: Berliner Synchron GmbH Key word(s): Enterprise
2016-07-27 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |