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05/01/2015

NEP Acquires Faber Audiovisuals

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NEP has acquired Faber Audiovisuals (Faber).

The transaction will bring Faber, based in the Netherlands, into NEP's worldwide network of brands. NEP is headquartered in the United States with locations in the UK and Australia.

NEP is one of the largest broadcast and live event service companies in the world, offering solutions for outside broadcast, studio production, video display and host broadcast, supporting thousands of shows each year. The acquisition of Faber will extend NEP’s video display capabilities into Europe and the broader international market.

"Faber has an exceptional reputation for service and is a clear leader in the industry," said NEP CEO, Kevin Rannitt. "I am excited to work with Cees Faber to continue to expand our international display business. Together, we will be able to offer a greatly expanded pool of resources, a greater depth of expertise and a broader geographical reach – enhancing the service that both of us are able to offer our clients."

Faber will remain an independent operating entity, based in the Netherlands, led by Cees Faber and his management team.

www.nepinc.com

(CD)
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