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New 100 per cent owner in the frame for Cheltenham film producers PinPointMedia

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Written by: Andrew Merrell | Posted 12 December 2017 14:12

New 100 per cent owner in the frame for Cheltenham film producers PinPointMedia

 

After the signing of a binding agreement there will be a new 100 per cent shareholder of PinPointMedia, one of Gloucestershire’s best-known film producers.

Founder Oliver Bruce is due to take over the business in its entirety from January 19th 2018 after purchasing the outstanding 50 per cent shares from Henry C. Staelens.

Mr Bruce and Mr Staelens have built the business from a simple idea (‘making high quality film accessible to all’) to become a market leader in film production for brands both in the UK and Europe, producing over 4,000 films in the 2016/2017 financial year.

The business now employs over 20 staff, with its head office in Royal Crescent, Cheltenham and its Northern Office in City Tower, Manchester.

It was decided jointly that the business should be taken to the next level by Oliver Bruce, who is perfectly placed to now drive the business forward.

Mr Staelens said: “I’ve loved working with Oliver, we have a great relationship and have held exactly the same vision for the brand since I started.

“We have achieved fantastic things and disrupted the marketplace whilst giving our clients high quality films for their businesses at far lower costs, which is what we set out to do.

“I look forward to seeing what Oliver and the fabulously talented team does over the coming years”.

Mr Bruce said: “I would personally like to thank Henry for his immense contribution both commercially and from a recruitment standpoint. The business is stronger now than at any stage and whilst Henry's impact will be missed, I have great confidence that the future will be just as bright.”

It is the recruitment model which Mr Staelens established – which has attracted consistently high application rates – and his introduction of a four-day working week which will be two of his great legacies.

“The other is obvious; being able to say that we took an inherent problem within the industry and solved it, whilst building the company to a really strong financial footing – it’s this that made me realise that it was effectively ‘mission complete’ and time for Oliver to lead the new era’,” said Mr Staelens.

 

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