The UK’s “largest unbiased publish manufacturing group” has been shaped as Envy Group acquires Halo Group.
Deal phrases weren’t disclosed however the pair claimed the transfer types “the UK’s largest privately owned publish manufacturing group.”
The deal comes at a rocky time for UK VFX, with layoffs throughout the board and closures at Technicolor’s The Mill, Jellyfish and most just lately Glassworks VFX.
Envy’s latest credit embrace the likes of the upcoming Strolling with Dinosaurs for the BBC and Netflix’s Constructing the Band. Halo has labored on Netflix’s Alexander: The Making of a God and Disney’s Limitless with Chris Hemsworth.
The transfer brings collectively Envy, Seize, Absolute, and Blind Pig with Halo labels Evolutions, and Relay, labels that stay energetic in the intervening time. Halo co-founders John Rogerson and Alan Jones transfer into senior management roles throughout the new group in addition to a few of the administration group. No phrase but on whether or not there will likely be job losses.
Envy CEO Dave Cadle mentioned: “In a panorama that’s shifting quickly, the mix of ENVY and Halo is about securing a future the place inventive excellence isn’t compromised by scale or instability. It’s about resilience by unity.”
Halo co-founder Rogerson added: “This transfer isn’t about dimension for the sake of it, it’s about defending what issues most that are individuals, expertise and craft. We’ve constructed our enterprise on shared values of inventive ardour and shopper belief. Collectively we’re navigating change.”
