German Production & Sales Outfit Augenschein Sells Minority Stake To Erfttal Film As Company Ramps Up Slate
deadline.comEXCLUSIVE: German production and sales company Augenschein, whose credits include Joseph Gordon-Levitt thriller 7500 (pictured) and Anna Kendrick sci-fi Stowaway, has sold a minority stake to Erfttal Film, the longtime shareholder in All Quiet On The Western Front producer Amusement Park.
Jonas Katzenstein and Maximilian Leo, who run Cologne-based Augenschein, closed the deal with Erfttal’s Klaus Dohle. The value of the investment was not disclosed but it is understood to be a multi-million dollar investment for a stake in the 20-30% range.
Dohle is a producer and businessman with a long-standing family history in real estate, manufacturing, agriculture and equity investments in Germany and abroad.
His associate producer credits include Land of Mine, The Aftermath and A Most Wanted Man. Under the pact, Augenschein will continue to operate independently but the investment gives the company greater ability to develop, package and produce movies with stronger commercial potential for the global market, not least due to an increased credit line.
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