STOCKHOLM — Scandinavian distributor Scanbox, recently acquired by Los Angeles-based Icelandic film producer Sigurjon “Joni” Sighvatsson, has bought vid distrib DVS Ent. from Nordisk Film.
DVS is the leading supplier in Denmark for wholesale home entertainment. Target market segments include film rental and sales with 1,200 dealerships nationwide. Turnover is $18 million. Its 39 staff are based in Danish Viborg, where Scanbox is also headquartered.
Financial terms of the deal struck between Scanbox and Nordisk Film were not disclosed.
Michael Junker, director of film distribution for Nordisk Film, says that Nordisk will keep a strong business relationship with DVS.
One of the leading independent distributors in the Nordic region, Scanbox focuses on distribution of international indie pics, specialized product for the DVD market and local productions, such as last year’s Danish B.O. success “Father of Four.”
Sighvatsson said: “This acquisition fits with our strategy of expanding our core business and will also bring substantial savings to DVS by combining and sharing resources with Scanbox.”