NEP Group has completed the acquisition of Creative Technology’s parent company Avesco. Based in Pittsburgh, USA, NEP is one of the world’s largest outsourced production partners supporting content producers across the broadcast and live events industries.
Alongside Creative Technology (CT), NEP operates four other live events businesses
focused on large screen display. These comprise Faber AudioVisuals and Mediatec Solutions in
Europe along with Screenworks and Sweetwater in the US. All businesses are
expected to retain their existing identities.
The senior management teams will remain
unchanged with Graham Andrews leading CT’s US and Asia Pacific businesses.
Dave Crump
will continue to lead CT’s UK, Spanish and Middle East operations and
will in due course take over management of the Mediatec Solutions business
in the UK and the Faber AudioVisuals business in the Middle East. CT’s
operations in Holland and Germany will fall under the leadership of Cees Faber.