Peel Group takes full ownership of dock10
The Peel Group has taken full ownership of dock10 after acquiring SIS Ltd's 50% stake in the media services provider.
MediaCityUK-based dock10 operates seven studios and a post-production facility and is the home of productions including The Voice UK, Countdown, Match of the Day and Jeremy Kyle.
Mark Senior, CEO of dock10, said: “I would like to thank SIS for its support as a shareholder since dock10’s inception in 2010. We have firmly established ourselves in that time as a major provider of services to the media industry.
"We have very exciting plans to grow the business further and look forward to working with The Peel Group to deliver these.”
Steven Underwood, chief executive of The Peel Group, added: “We are delighted to have increased our shareholding in dock10 and are very supportive of the management team’s ambitions for the future. The business is highly successful in its own right and also a fundamental part of the MediaCityUK story.”
Gary Smith, chief executive of SIS Ltd, said the move "makes sense for all parties" after SIS's exit from the outside broadcast business.
He added: "SIS LIVE has a major connectivity footprint at MediaCityUK through its satellite and fibre operations and continues to invest in critical media content provision.”