Tunisian producer Tarak Ben Ammar takes over Luc Besson’s Studios de Paris

Tunisian film producer and businessman Tarak Ben Ammar became the sole shareholder of the Studios de Paris film studios, which he co-founded with French filmmaker Luc Besson, at the end of February, we learned on Sunday from ‘EuropaCorp.

“EuropaCorp, and the partners Frontline and Euromedia, are selling their shares in Studios de Paris to Eagle Pictures France, a company controlled by Tarak Ben Ammar, historical partner of Studios de Paris”, announced the EuropaCorp group in a press release dated February 22.

Tarak Ben Ammar therefore becomes the sole shareholder of these nine studios located at the gates of Paris, designed by the director of Big Blue and opened in 2012.”The enterprise value used for the transaction is 33“millions of euros”, he specifies.

Until now, EuropaCorp (a group founded by Luc Besson), its holding company Frontline, Euromedia and Bleufontaine (a company in Tarak Ben Ammar’s group) shared the shareholding of the studios. Minority shareholder, Tarak Ben Ammar was in charge of the general management.

Designed by Luc Besson, these studios had been designed to compete with large European structures such as Pinewood studios, near London in the United Kingdom, or those of Babelsberg in the suburbs of Berlin. According to the American specialized magazine Variety, several successful series plan to come and shoot there, including the next season of the Netflix series Emily in Paris.