APX Group Acquires 50 Percent Stake In UK’s Twickenham Film Studios
deadline.comAmerican-European Media Fund APX Group has completed the acquisition of a 50% stake in the UK’s Twickenham Film Studios. The 120-year-old facility in South West London has hosted a slew of classic titles across its history including The Italian Job and A Hard Day’s Night, as well as big-budget productions such as Bohemian Rhapsody and Top Gun: Maverick more recently.
The acquisition is the latest major addition to APX Group’s global network of studios ahead of its planned public listing on the New York Stock Exchange later this year.
Under the operation, APX Group will rebrand its global network of studios with the Twickenham Studios name. The parties have also agreed on an accelerated expansion plan to acquire additional studios and land suited for studio construction in Europe and the US, all under the branding of Twickenham Studios.
The equity structure of this transaction was made together with APX Group’s production arm Herd International and the partners Shelley Hammond (also Global CEO of APX Group), Hollie Richmond, Ben Dillon, and Iggy Ellis.
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