NEP buys Faber Audiovisuals23 December 2014
US-based NEP Group Inc has announced the acquisition of Faber Audiovisuals. The transaction will reportedly bring Netherlands-based Faber into NEP’s worldwide network of brands and 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,” explained NEP CEO, Kevin Rabbitt. “I am excited to work with Cees Faber (Faber president) 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.”
Cees Faber, president of Faber, added, “This will be a great transition for Faber clients, staff and partners. As part of the NEP Worldwide Network, Faber will have access to a much broader pool of resources, which will greatly support our growth internationally. I am excited to work with Kevin and the NEP team to continue to expand the business.”
The acquisition of Faber means that NEP now offers over 80 high-definition (HD) outside broadcast units; several HD flypacks, smaller camera systems and other audio visual packages; studio facilities in Los Angeles, New York, Connecticut, London, Sydney, and Melbourne; thousands of plasma, LED, and projection video display solutions; a fleet of mobile LED trucks; as well as a large team of engineering and technical experts.