dock10 has announced a deal to acquire post production and vfx business 422.
The deal excludes 422’s sister company based in Glasgow, which will stay under its existing independent ownership and will rebrand in the coming months.
The move comes as the MediaCity-based company look to expand its short and long form service offering, with 422 bringing with it a 20-year established customer base, with particular specialisms in: creative audio, vfx and graphics, grade, animation and CG.
Mark Senior, CEO, dock10, said, “The 422 team has a fantastic reputation for creating and delivering a formidable range of high end post production services, and we are delighted to welcome them to dock10. When combined with our existing post production and vfx business, this acquisition will make dock10 the clear leader outside London in both the TV and creative services markets.”
The 422 team, led by Damien Lynch and Gemma Ackerley, will remain in its existing premises in Peter Street, Manchester until mid 2017, before moving into dock10’s state of the art facilities in The Quay at MediaCityUK.
Damien Lynch, facilities director for 422, added, “422 was conceived, over 20 years ago, to offer the best creative talent and innovative post production technology outside of London. In that time, we have developed into a full service post production and vfx facility, catering primarily for the advertising, corporate and animation industries.
"I am very excited about the opportunity to combine the service offerings of dock10 and 422 which will be un-paralleled in the regional market."