Kicking off an expansion bid into Europe, Israeli producer-distributor Keshet International has acquired Munich-based production company Tresor TV Produktions GmbH.
The German indie was founded in 1992 with a focus on producing reality, factual entertainment and variety shows. Tresor has also produced successful local versions of popular international formats such as Top Model (pictured), Popstars, Supernanny, Survivor, DIY SOS and, most recently, the competition series Ewige Helden (Eternal Glory), which has just aired its second season on Vox.
Under the deal, which was announced on the opening day of MIPTV 2017, Tresor will continue to adapt third party formats and develop original non-scripted IP.
But the acquisition will also see Keshet develop a strategy to accelerate Tresor’s growth and support its next phase of expansion, including the creation of a new scripted division that will capitalize on Keshet’s existing catalog.
Tresor managing director Axel Kühn will continue in his role, reporting to Keshet MD for UK and West Europe, Sammy Nourmand, who brokered the deal for Keshet International. Kühn will work with Nelly Weber Feld, head of sales and business development for the region, to help grow the business in Germany. The present owner, Holger Roost-Macias has opted to exit the production business to pursue new challenges.
“For a long time I have been looking to find the right groom for my ‘baby’ and I am very pleased to hand over my company to one of the most creative and dynamic groups in the television world,” Roost-Macias said in a joint statement issued by the two companies.
The deal follows a series of moves by Keshet to push out globally and diversify its content offerings. The company recently announced that it will move into kids’ content distribution with Ananey Communications Group. Earlier this year Keshet opened a Mexican subsidiary, Keshet MX, joining Hong Kong-based Keshet Asia, which opened in October 2015, alongside its LA and London operations, Keshet Studios and Keshet UK, respectively.