Bridgend-based Facilities by ADF, which provides trailers to the high-end television and film industry, has expanded with the acquisition of the sector’s biggest service and equipment hire company Location One.
Based on a blend of cash, shares and the future performance of Location One, the total consideration could be worth £8.86m.
Established in 1992, ADF has grown to become a leading provider production facilities with its fleet of over 500 trailers and vehicles. The business, which floated on London’s Alternative Investment Market in January, has worked closely with Location One - whose customers Amazon Studios, Netflix, Warner Brothers and the BBC - on productions including the Crown, Top Boy, Lazarus, Becoming Elizabeth, Embankment, My Lady Jane, and the Gentleman. Location One’s offer includes generators, water bowsers and lighting equipment. Headquartered in Barking and with locations in London, Surrey, Bristol, Newport, Manchester and Newcastle, it employs 80.
