Vista Group International Limited logo

Vista Group moves to 100% of Maccs

M&A24 September 2020VGLInformation Technology

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Vista Group International Ltd, L3, 60 Khyber Pass Road, Newton, PO Box 8279, Symonds St, Auckland 1150, NZ








MARKET ANNOUNCEMENT


25 September 2020, Vista Group International Ltd., Auckland, New Zealand



Vista Group moves to 100% of Maccs


Vista Group International Limited is pleased to announce that it has today acquired the remaining 50%

of Maccs International B.V. from the existing shareholders, Horizon Investments B.V. and Transparent

Constructions B.V.


Maccs designs and develops film distribution software for film studios and distributors, with a multiple-

module offering that covers theatrical distribution, movie prints and advertising as well as rights and

royalties management.


Vista Group Chief Executive, Kimbal Riley noted: “We are delighted to take full ownership of Maccs,

especially considering the resilient performance we’ve seen from the company during the COVID-19

period. This acquisition is another stage in Vista Group’s strategy to simplify our operations, and

builds on the Numero transaction announced at the end of 2019. Our aim going forward is to create

incremental value through a close integration between the businesses of Maccs and Numero in

serving their shared studio and distributor customers.”


The net consideration of €1.1 million was met from existing cash reserves.



Kimbal Riley

Group Chief Executive

Vista Group International Ltd

Contact: +64 9 984 4570

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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