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01/12/2010

Pro Motion hire Acquires Rent And Eurocew Worldwide From The Farm Group

Pro Motion Hire, a leading broadcast equipment hire company in London, has announced that it has acquired broadcast hire facility Rent and international crewing company Eurocrew Worldwide from The Farm Group for a six-figure sum.
Pro Motion Hire has enjoyed a very successful year in 2010 despite challenging economic times, doubling its revenues and investing over £1 million on new equipment. This new deal will strengthen its service offering by providing a dedicated base in the heart of Soho, providing a variety of production and post-production equipment and giving access to a large database of freelance production talent around the world. The acquisition will not result in any redundancies.
Duncan Martin, Director, Pro Motion Hire, said: "Pro Motion Hire is dedicated to providing the best possible service and technical expertise for all kinds of productions across the UK. The acquisition of Rent and Eurocrew Worldwide makes perfect sense for us as we continue to grow. Both companies have great DNA in the industry, as well as fantastic staff and resources that will be valuable assets to our business."
Nicky Sargent, Joint Managing Director, The Farm Group, said: "We wanted the best for Rent and Eurocrew Worldwide and Pro Motion Hire is the ideal fit. From our many dealings with Pro Motion, we know they have the focus and expertise to take the companies to the next level of success."
The two acquired companies will retain their current brand names. Rent's booking staff will be based initially in serviced offices in Soho while suitable long-term Soho-based premises are found. Eurocrew Worldwide, an agency which provides English speaking crews locally around the world primarily for blue chip companies, is run by Rent staff and will continue to operate from Soho. Operational and technical staff will be temporarily based from Pro Motion Hire's Waterloo headquarters. Pro Motion Hire, which will act as the parent brand to provide management support and distribution, will begin an intensive recruitment drive in 2011 to enhance its systems and procedures.
Rent comes with assets including a broad range of cameras, lighting and sound equipment across all HD tape and tapeless formats. Pro Motion Hire will also stock it with a full range of VTRs and ancillary equipment.
Martin added: "We are so excited at the prospect of growing Rent as part of our expansion plans. It couldn't be a better way for us to end the year."
(KMcA/GK)
Solidmate Ltd Memory Card Hire London

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