SF Studios acquires majority stake in leading Swedish production company FLX

SF Studios acquires majority stake in leading Swedish production company FLX

SF Studios has acquired a majority share of the production company FLX, one of the most successful production companies in Sweden. In addition to recently released Netflix series “Quicksand”, FLX has produced TV Drama such as “Bonus Family” and box office hits like “The Hundred-Year-Old Man Who Climbed Out the Window and Disappeared” and “Solsidan”. FLX’s founder Felix Herngren and CEO Pontus Edgren will remain as significant shareholders and executives within the company.

“The team at FLX, headed by Felix Herngren and Pontus Edgren, is among the most talented in our industry. We’ve worked together for several years through a distribution output deal on the feature film side, and this is the next step in bringing us together. To continue to lead and develop the filmand TV industry together with them, will be very exciting and inspiring”, says Michael Porseryd, CEO at SF Studios.

In the new owner structure, FLX will continue to operate as an independent production company under its own brand, and Herngren and Edgren will continue to be active and lead the daily operations at FLX.

“We have run FLX together for the last 6–7 years and it has been an incredible journey with a growth that we couldn’t even imagine. Now the time has come for a new chapter in our history. SF Studios is a very strong player in the Nordic region with international ambitions. With SF Studios as a majority owner in FLX, we will strengthen our opportunities within distribution and in addition increase our possibilities to bring FLX’s productions to the international market”, says Felix Herngren and Pontus Edgren.

The transaction is a very important step in SF Studios’ ambition to be the leading production company of feature films and TV Drama in the Nordic region, and to establish the company as a leading studio in Europe. The operational management at FLX will remain the same as today. In connection to the transaction, SF Studios’ CEO Michael Porseryd steps in as Chairman of the Board at FLX. The transaction requires approval from the Swedish Competition Authority.