Caledonia has acquired a majority stake in Cooke Optics, the UK manufacturer of premium-end cinematography lenses for the film, television and advertising industries, in a transaction that values the business at £96.5m.
Cooke was founded in 1886 and has established itself at the heart of the film making industry with lenses that are straightforward to use, easy to maintain and which render beautiful images with the ‘Cooke Look’.
The transaction continues Caledonia’s model of investing in established businesses with good growth potential and strong cash generation.