Under the terms of the agreement, Ymagis Group, through its wholly-owned subsidiary Ymagis Spain SLU, becomes the sole shareholder of Tecnison SA.
“Today’s successful conclusion of this agreement marks a new milestone in growing our presence in Spain,” said Jean Mizrahi, President and CEO of Ymagis Group. “With Tecnison, we are strengthening Eclair’s versioning & accessibility division, which is instrumental in executing our strategic objective of enhancing our market position in Spain.”
"It's a great step forward for the entire Tecnison team to be part of this ambitious project led by Eclair,” explains Ana Arbona, Managing Director of Tecnison. “These are exciting times with new challenges and opportunities that we shall face with passion and professionalism as we've done for years. In joining the Eclair family, we have the opportunity to grow in a culture similar to ours, well-known for quality, creativity and timeliness.”
"We are thrilled to have both Eclair and Tecnison working together to provide services to the Spanish audiovisual industry, as we constantly aspire to deliver best-in-class services,” said Angel Martin, Managing Director of Eclair Spain. “Under the Eclair brand, both structures will join efforts to offer one of the largest portfolios of integrated services in Spain to producers and distributors ranging from postproduction, mastering, versioning & accessibility including all content management needs.”