Thomas Riedel, founder and owner of Riedel Communications and the Riedel Group, has agreed a deal to acquire ARRI.
According to the company, the acquisition of ARRI established a close strategic alignment with the Riedel Group, expanding its expertise across the entire production chain, from camera optics to distribution.
ARRI’s ecosystem of camera, lighting, and systems technology “perfectly complements” the Riedel Group’s existing portfolio and opens up new technological and strategic market opportunities for both companies, added the company.
Under the new ownership of Thomas Riedel, ARRI’s existing management team will continue to lead the company and further advance its ongoing transformation. The company will retain independent operations and remain headquartered in Munich.
“Thomas Riedel has built a first-generation family business and stands for entrepreneurial continuity and long-term thinking,” said Chris Richter, managing director of ARRI. “We look forward to working with a successful entrepreneur and to the resulting market opportunities and access—both in existing and new markets.”
“My entrepreneurial path has been closely tied to ARRI for years,” added Thomas Riedel. “This acquisition represents the most significant personal milestone of my career so far. I have great respect for this exceptional brand, its outstanding products, and its strong team. At the same time, I see tremendous potential and am confident that, together, we can position ARRI for long-term stability and future success.”
Financial details of the acquisition have not been released.
