Cityneon Holdings Acquires Animax Designs

January 13, 2020

Cityneon Holdings has acquired Animax Designs, a Nashville-based animatronics and interactive character studio founded in 1989. The acquisition (structured as a combination of cash and shares) brings Animax's ~150 employees and expertise in animatronics, puppetry and themed-entertainment work into Cityneon's global visitor-experience platform and is expected to immediately contribute to the Group's revenue and profits while expanding its international reach.

Buyers
Cityneon Holdings
Targets
Animax Designs, Inc.
Location
Tennessee, United States
Transaction Type
Buyout

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