7 Oct 2014 07:00
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7 October 2014
The Vitec Group plc
Completion of the acquisition of autocue group limited
The Vitec Group plc, the international provider of products and services for the Broadcast & Video, Photographic, and MAG markets, announces that it has yesterday completed the acquisition of Autocue Group Limited previously mentioned in our Interim Management Statement of 8 May 2014, following the Competition and Markets Authority's decision not to refer the acquisition to a Phase Two Review under the provisions of the Enterprise Act 2002.
Jon Bolton
Group Company Secretary
A Snapshot of The Vitec Group
Vitec is an international Group principally serving customers in the Broadcast & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2013 revenue of £315.4 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.
Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.
Imaging designs, manufactures and distributes equipment and accessories for photography and video.
Services provides equipment rental, workflow design and technical support to TV production teams and film crews.
More information can be found at: www.vitecgroup.com.