Fremantle Acquires Asacha Media Group

RTL Group subsidiary Fremantle is acquiring Asacha Media Group, a European production group based in Paris. The sellers are the company’s founders and managers and the investment company Oaktree Capital Management. Asacha owns majority shares in a total of eight award-winning production companies in France, Italy and the U.K., which produce series, films, shows, reality formats and documentaries for a wide range of clients. Under the terms of the agreement, Fremantle has the option to acquire the outstanding shares in the eight production companies over the next few years. The transaction is expected to close in the second quarter of 2024.

The acquisition of Asacha Media Group follows Fremantle’s recent acquisition of an 80-percent majority stake in the Singapore-based production company Beach House Pictures, which closed on February 8. Under the agreement, Fremantle has the option to fully acquire Beach House after 2027. For both acquisitions combined, RTL Group will invest over €200 million.
more at: https://www.bertelsmann.com/news-and-media/news/fremantle-acquires-asacha-media-group.jsp?atn=2862170&abp=2862170,2862222,

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