goetzpartners advises Zodiak Television on the acquisition of Indian TV production house Sol
Zodiak Television acquires 35% of fast-growing and highly reputable Indian independent production house Sol, subject to final agreement. Zodiak Television and the owners of Sol have entered into a Memorandum of Understanding and the deal is subject to due diligence and final agreements. The two companies will now cooperate on actively developing Sol as a company with the aim of Zodiak increasing its stake at a later stage. Zodiak Television World, the distribution arm of Zodiak Television Group will, subject to final agreement, licence and distribute Sol’s programming internationally, excluding India.
goetzpartners worked with Stockholm-based Stella Advisors on this transaction.