Red Arrow Entertainment, the global producer owned by German broadcaster ProSiebenSat.1 Group, is ramping up its international presence with the acquisition of two production companies, one from Britain and one from Israel.
The company, which is run by Jan Frouman, has acquired a majority stake in British indie Nerd and Israeli producer July August Productions.
Nerd was founded by former Tiger Aspect executives Jago Lee and John Farrar and produces factual entertainment and factual formats for the UK and international markets. The company was originally set up with investment by Survivor and The Word creator Charlie Parsons.
Red Arrow UK managing directors Joel Denton and James Baker will oversee Nerd´s future plans with Baker taking over as chairman of the company.
July August Productions, meanwhile, was set up by Lisa Shiloach and Eilon Ratzkovsky, and produces series including gameshow Still Standing and Keshet drama The A Word.
These acquisitions means that the group now comprises of 17 international production companies including CPL Productions, Kinetic Content, Granada Media Australia and Sultan Sushi.