
Acquisitions27 Jun 2026, 07:20 pm
Prime Focus Subsidiary Acquires 48.45% Stake in Anima Kitchent
AI Summary
Prime Focus Limited's indirect subsidiary, Double Negative Films Limited (DNFL), has acquired a 48.45% equity stake in Spanish animation studio Ánima Kitchent Canarias, S.L. for a cash consideration of ₹13.70 crore. This acquisition aims to leverage Ánima Kitchent's Spanish animation production capabilities and market access, and includes a partnership with SETT, a Spanish Government fund. Ánima Kitchent, founded in 2014, is known for producing 2D and 3D animated content and has a turnover of ₹92 crore, PAT of ₹11 crore, and net worth of ₹68 crore as of FY25. The acquisition is complete as of June 26, 2026.
Key Highlights
- DNFL acquired 48.45% stake in Spanish animation studio Ánima Kitchent.
- Acquisition cost was ₹13.70 crore in cash.
- Enhances access to Spanish animation production capabilities and markets.
- Partnership with Spanish Government fund SETT.
- Ánima Kitchent had FY25 turnover of ₹92 crore and PAT of ₹11 crore.
Price Impact
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