Koch Acquires German Distributor; UK Org Fda Appoints Former Stx Exec — Global Briefs

  • Deadline
In a sign of further consolidation in the German movie market Koch Films has acquired fellow indie distributor Ksm, whose managing director Benjamin Krause has handed over full control of the label to Koch managing directors Jochen Walter and Stefan Kapelari. Ksm, a leading anime distributor in Germany, has also released movies including Love & Friendship, Final Score and Bryan Cranston and Jennifer Garner thriller Wakefield. Krause said in a press release, “After 17 years of continuous development, I have decided to start something else, and I am handing over Ksm at a time when it has achieved great economic success.” Koch Media Group is well known as a games and movie distributor in Europe. Walter commented, “Through this acquisition, we are expanding our portfolio in Germany and adding the anime segment, thereby increasing our presence in the digital as well as in the classic home video market.” Deal terms and staff changes were not revealed.
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