TVC becomes wholly-owned subsidiary of Broadcast Solutions Group
Following the acquisition completed on 22 October 2020, TVC Solutions has become a wholly-owned subsidiary of the Broadcast Solutions Group.
TVC is an independent systems integrator with clients mostly from across Europe and occasionally from Africa, the Middle East and Asia. It is primarily a project-based organisation customised to deliver broadcast projects.
Stefan Breder, chief executive officer at Broadcast Solutions Group, commented: “TVC’s business strategy with approximately 60% of fixed media installations and 40% of OB vehicle construction perfectly complements and mirrors the development and strategy of the Broadcast Solutions Group. We welcome Ramunas Dirmeikis and the entire TVC team as part of the Broadcast Solutions Group, and we are looking forward to successful cooperation.”
Ramunas Dirmeikis, chief executive officer at TVC, added: “We are very pleased to be part of the Broadcast Solutions Group and to support the Broadcast Solutions team with our experience.”
TVC’s focus areas overlap only slightly with those of Broadcast Solutions, and to a large extent complement the activities of the German systems integration company. Although fully integrated into the Broadcast Solutions Group, TVC Solutions will act as an independent entity and under its given name.
With TVC and Broadcast Solutions joining forces, the two companies are examples of entities which have developed and grown successfully, hence are looking to a mutual and commercially successful future.