Camera company ARRI is said to be considering a partial or full sale, according to reports.
Bloomberg suggests the company is in discussions with potential advisors about a possible way forward, with both options under consideration.
The company is also reportedly looking at “streamlining” its business, said the report; however, no final decisions have been made, and the company may decide not to go forward with any kind of sale.
Founded in 1917 by August Arnold and Robert Richter, ARRI is known across the TV and film industry for its cameras, lenses and lighting equipment.
It also has a rental business, providing major film and TV projects with equipment, including products developed in-house.
In May, ARRI sold its lighting subsidiary Claypaky to EK Inc. ARRI acquired Claypaky in December 2022, at the time stating it intended to become a leading lighting solutions provider with top brands for both the motion picture and live entertainment markets.
In a statement sent to TVBEurope, a spokesperson for ARRI said: “As a matter of long-standing policy, ARRI does not comment on market speculation or rumours. Like others in the industry, ARRI is currently undergoing a transformation process in which we are structurally adapting to the lasting changes in the demands of our market. In doing so, we are building on our technological expertise, our strong brand, and our long-standing commitment to our customers and partners.
“As we are in the midst of this transformational phase, please understand that we do not wish to comment further on this matter publicly.”
