Trixter will retain its brand and creative centres in Munich and Berlin.
UK-based animation and visual effects studio Cinesite (Avengers: Infinity War) has reached an agreement to acquire 100% of German VFX studio Trixter.
In the new arrangement, the existing senior Trixter team will lead the business in Germany and continue operations with the support of Cinesite as a parent company. The management team will report to Cinesite’s Group CEO Anthony Hunt.
As with Cinesite’s acquisition of Vancouver-based VFX studio Imagine Engine Design, Trixter will retain its brand and creative centre.
Trixter was founded two decades ago by Simone Kraus Townsend and Michael Coldewey,...
UK-based animation and visual effects studio Cinesite (Avengers: Infinity War) has reached an agreement to acquire 100% of German VFX studio Trixter.
In the new arrangement, the existing senior Trixter team will lead the business in Germany and continue operations with the support of Cinesite as a parent company. The management team will report to Cinesite’s Group CEO Anthony Hunt.
As with Cinesite’s acquisition of Vancouver-based VFX studio Imagine Engine Design, Trixter will retain its brand and creative centre.
Trixter was founded two decades ago by Simone Kraus Townsend and Michael Coldewey,...
- 8/9/2018
- by Ben Dalton
- ScreenDaily
Brit and Canadian VFX firm Cinesite, whose recent credits include Jurassic World: Fallen Kingdom and Avengers: Infinity War, has reached an agreement to acquire leading German VFX and animation outfit Trixter.
Regulatory and legal work is still to be completed on the deal. Financials were not disclosed.
According to Cinesite, existing senior Trixter management team will continue to lead the business in Germany and the Trixter brand will continue. The division will report to Cinesite’s Group CEO Antony Hunt.
Founded 20 years ago by Simone Kraus Townsend and Michael Coldewey, Trixter has capacity for 220 professionals in Munich and Berlin. It is a regular collaborator with Marvel Studios on movies including Iron Man and Black Panther. Other credits include Spider-Man: Homecoming, The Fate Of The Furious, Netflix’s Lost In Space and AMC’s The Walking Dead.
Earlier this year Cinesite secured a $70M financial facility through asset manager Pemberton Capital.
Regulatory and legal work is still to be completed on the deal. Financials were not disclosed.
According to Cinesite, existing senior Trixter management team will continue to lead the business in Germany and the Trixter brand will continue. The division will report to Cinesite’s Group CEO Antony Hunt.
Founded 20 years ago by Simone Kraus Townsend and Michael Coldewey, Trixter has capacity for 220 professionals in Munich and Berlin. It is a regular collaborator with Marvel Studios on movies including Iron Man and Black Panther. Other credits include Spider-Man: Homecoming, The Fate Of The Furious, Netflix’s Lost In Space and AMC’s The Walking Dead.
Earlier this year Cinesite secured a $70M financial facility through asset manager Pemberton Capital.
- 8/9/2018
- by Andreas Wiseman
- Deadline Film + TV
British visual-effects business Cinesite has inked a deal to buy Trixter, the Germany-based VFX and feature animation studio.
London-based Cinesite, which is privately held, secured a finance package earlier this year from asset management firm Pemberton, which handed it an initial $40 million of funding and the ability to access a further $30 million. Cinesite will buy 100% of Trixter for an undisclosed sum.
Trixter will retain its senior team and brand under Cinesite’s ownership. It is the latest M&A move by the British firm, which bought Vancouver-based VFX studio Image Engine Design in 2015 and Nitrogen Studios in 2017.
“The Trixter team has a fantastic reputation for producing high-quality concept art, character design alongside complex VFX and feature animation,” said Cinesite group CEO Antony Hunt. “In partnering with Trixter, we are executing our strategic objective of enhancing our market position in both visual effects and animation and getting the benefit of an amazing...
London-based Cinesite, which is privately held, secured a finance package earlier this year from asset management firm Pemberton, which handed it an initial $40 million of funding and the ability to access a further $30 million. Cinesite will buy 100% of Trixter for an undisclosed sum.
Trixter will retain its senior team and brand under Cinesite’s ownership. It is the latest M&A move by the British firm, which bought Vancouver-based VFX studio Image Engine Design in 2015 and Nitrogen Studios in 2017.
“The Trixter team has a fantastic reputation for producing high-quality concept art, character design alongside complex VFX and feature animation,” said Cinesite group CEO Antony Hunt. “In partnering with Trixter, we are executing our strategic objective of enhancing our market position in both visual effects and animation and getting the benefit of an amazing...
- 8/9/2018
- by Stewart Clarke
- Variety Film + TV
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