Camera and lens giant Panavision has announed plans to acquire the camera inventory of Joe Dunton & Co. in a move that expands its presence on the East Coast and U.K.
Panavision acquires all JDC’s film camera equipment and many camera accessories and specialized lenses. JDC’s rental facilities are in Wilmington, NC, and London.
The Wilmington facility will remain open, becoming Panavision’s first office there. Panavision already has a London office and the new acquisition will supplement its inventory.
JDC execs Joe and Lester Dunton will become executives at Panavision once the deal is completed.
Panavision prexy and CEO Bob Beitcher called the move “another step forward in our strategy to acquire valuable assets on a selective basis and to attract entrepreneurial leaders to our executive team.”