With the acquisition that was completed on 22 October 2020, Lithuania-based TVC Solutions UAB with Managing Director Ramunas Dirmeikis became a wholly-owned subsidiary of the Broadcast Solutions Group.

TVC’s focus areas overlap only slightly with those of Broadcast Solutions and to a large extent, complement the activities of the German systems integration company. In the Baltic region and the CIS countries, in particular, Broadcast Solutions is now strengthening its presence with the takeover of TVC, thus being able to offer an even more extensive array of solutions as well as further reinforcing service and support. Although fully integrated into the Broadcast Solutions Group, TVC Solutions UAB will act as an independent entity and under its given name.

Stefan Breder, CEO of the Broadcast Solutions Group, comments: “TVC’s business strategy with approx. 60% of fixed media installations and 40% of OB vehicle construction perfectly complements and mirrors the development and strategy of the Broadcast Solutions Group. We welcome Ramunas Dirmeikis and the entire TVC team as part of the Broadcast Solutions Group, and we are looking forward to successful cooperation.”

Ramunas Dirmeikis, CEO of TVC, adds: “We are very pleased to be part of the Broadcast Solutions Group and to support the Broadcast Solutions team with our experience.”

Tomas Andriuškevičius, a partner at Practica Capital, one out of five selling shareholders of TVC, relates: “We are very happy how TVC has developed over the years and now has become a worthwhile part of such an industry leader as Broadcast Solutions Group.”

Picture Caption (left to right): Stefan Breder (CEO Broadcast Solutions), Ramunas Dirmeikis (CEO TVC), Wladislaw Grabowski (COO Broadcast Solutions)