ARRI To Sell Global Rental Business to H2 Equity Partners in Management Buyout

ARRI has announced an agreement to sell its global rental activities in Europe, the United Kingdom, and North America to H2 Equity Partners through a management buyout led by ARRI Rental's existing UK-based leadership team of Dana Harrison, Russell Allen, and Tamim Essaji. Illumination Dynamics will remain part of ARRI and is not included in the transaction. Financial terms were not disclosed. Closing is subject to customary conditions.

The standalone rental company will transition to its own brand after a customary transition period. ARRI and the rental business will continue to work together as technology partner and customer.

This transaction is a milestone in ARRI's strategic transformation and future positioning, says Thomas Riedel, Owner, ARRI and Founder and Owner, Riedel Communications and the Riedel Group. It enables us to direct our investments even more specifically toward the further development of our technologies and new growth areas. At the same time, it allows the rental business to continue to develop independently and to unlock additional market potential.

For myself and the team, this is far more than a change of ownership; it's a commitment. We know the business, our customers, and our craft, and through this management buy-out we're taking ownership of its future. ARRI Rental has built something exceptional over many years, and we're proud to carry it forward as an independent company. Our customers will see the same teams, the same standards, and the same dedication they have always relied on, but now with the focus and freedom of a business that's ours to grow. With H2 Equity Partners as our partners, we are exceptionally well placed to invest, expand into new markets and deepen the relationships that define us. We are also pleased to continue working closely with ARRI as our technology partner, says Dana Harrison, incoming CEO, ARRI Rental.

ARRI Rental has a strong market position, excellent customer relationships and a highly qualified team. The transaction is an excellent fit with our investment strategy. Together with the existing management team, we intend to continue the company's successful development and unlock additional growth opportunities. At the same time, we look forward to continuing our close collaboration with ARRI as a leading technology partner to the industry, says Patrick Kalverboer, Managing Partner, H2 Equity Partners.

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