ARRI Divests Rental Business

ARRI Divests Rental Business

MUNICH—ARRI announced today that it is selling its global equipment rental business in Europe, the United Kingdom, and North America to H2 Equity Partners. Illumination Dynamics—ARRI’s lighting and power equipment rental business—will remain part of ARRI and is not included in the transaction. Coming several months after ARRI announced that it was being acquired by Riedel Communications, the ARRI said the divestiture “is a planned and significan…

ARRI divests global rental business – TVBEurope

The new standalone rental group, led by Dana Harrison as CEO, will transition to its own brand following completion of the transaction Source: ARRI divests global rental business – TVBEurope

ARRI to sell global rental activities in Europe, UK and North America to H2 Equity Partners

ARRI has entered into an agreement to sell its global rental activities in Europe, the United Kingdom and North America to H2 Equity Partners.  Illumination Dynamics will remain part of ARRI and is not included in the transaction. The divestiture is a “planned and significant element of ARRI’s long-term strategic development”, it said.  “A key ... Read more The post ARRI to sell global rental activities in Europe, UK and North America to H2 Equi…

ARRI divests global rental business

ARRI has entered an agreement to sell its worldwide rental operations to H2 Equity Partners as part of a management buy-out. The divestiture forms part of a planned element of ARRI’s strategic development, aiming to resolve a structural conflict of interest between the company’s manufacturing and rental elements, said the company. ARRI intends to sharpen focus on the development, production and commercialisation of its product portfolio, strengt…

ARRI Sells Its Global Rental Business – Management Buy-Out Backed by H2 Equity Partners

ARRI has agreed to sell its global rental operations in Europe, the United Kingdom, and North America to the division’s existing management team, backed by private equity firm H2 Equity Partners. The move ends decades of ARRI running its own rental houses alongside its manufacturing business and resolves what the company openly calls a structural conflict of interest, while the standalone rental group will transition to its own brand after a cus…