Hinduja Group, the global conglomerate with interests across banking, automobile, trading and media has agreed to buy Belgian TV production company, Alfacam.
While proving an opportunity for the buyer and a lifeline for the seller, the details of the acquisition was not disclosed.
Based out of U.K, the deal would facilitate Hinduja group enhance its presence across Europe and cross-sell content between the nations.
Alfacam is known for providing TV services to broadcasters and production houses and is a well-known name when it comes to broadcasting of films and major sports and entertainment events. The firm got short-lived flight when it was appointed to film the recent London Olympic Games and the European Football Championships in Poland and Ukraine.