Xilam Animation, the independent producer behind recent Cannes Critics’ Week winner I Lost My Body, has entered exclusive negotiations to acquire a majority interest in French cg studio Cube Creative.
Xilam is best known for its children’s series like Oggy and the Cockroaches, Zig & Sharko, The Daltons, and Rolling with the Ronks! The studio recently announced its first cg series, a preschool spinoff of Oggy and the Cockroaches called Oggy Oggy, and the acquisition of Cube will give it access to a well-established studio that can help boost its cg output.
“This first acquisition proposal fits perfectly with our business plan and will strengthen our strategic lead thanks to Cube Creative’s unique expertise in cgi animation,” Xilam’s chairman and CEO Marc du Pontavice said in a statement. “The excellent reputation of the company’s teams has been built on their creativity, their adaptability, and their complete mastery of the latest technologies. We are impatient to begin working alongside them to contribute to the production of our future global hits.”