UK animation and VFX company Cinesite has taken a majority stake in Indian animation studio CGI Assemblage.
Founded by AK Madhavan in 2013, Assemblage includes “Norm of the North” (Lionsgate), “Trollhunters” (Netflix), “Arctic Dogs” (Entertainment Studios), “Chico Bon Bon” (Netflix), and “Miraculous Ladybug.” ( Disney).
Under the terms of the deal, Assemblage will continue to serve its global clients independently under Madhavan and CEO Arjun Madhavan.
Cinesite previously acquired Image Engine in 2015, Trixter in 2018, and most recently, Balkan VFX studio FX3X as well as Canadian animation studios L’Atelier Animation and Squeeze. Recent credits for the group include “Black Panther: Wakanda Forever” (Marvel) and “Matilda” (Netflix).
Anthony Hunt, CEO of Cinesite, said: “Assemblage is the undisputed leader in the CGI animation industry in Asia and knows the market, culture and landscape better than any other company. to produce quality
Content we aim to serve the market demand in the future, we must be able to take advantage of the talents and competence from different regions around the world. Through this project, we have found the right partner in Assemblage who is well-positioned to consolidate its position as an important player in the international animation market, grow its visual effects capabilities and meet the broad commercial demand in Asia.”
Arjun Madhavan added, “Cinesite offers a wealth of experience in the feature animation and VFX sectors which pairs perfectly with our growth strategy. Its creative and technical expertise, multinational presence and strong talent network provide us with enhanced opportunities. This will enable us to further enhance our service offering, deepen our footprint and expand our clientele globally. With a legacy of pioneering many firsts in and out of India, we’re excited about how far we can go
We check together. “
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