Broadcaster ITV has agreed to acquire a majority stake in independent television production firm Plimsoll Productions in a £103.5m cash deal.
The acquisition of the the award wining maker of wildlife, documentary and factual entertainment shows values the Bristol headquartered firm - which also has an office in Cardiff - at £131m.
ITV will acquire 79.5% of Plimsoll's share capital from private equity firm LDC, the firm's founder and chief executive Grant Mansfield and other existing shareholders.
