As part of a deal completed through Eagle Pictures France, Ammar has acquired the shares owned by all three other partners.
Tunisian-French film producer Tarak Ben Ammar has signed a $37m deal to purchase Studios de Paris, the production facility outside the French capital, which recently housed the Netflix series Emily In Paris and Murder Mystery 2, reported Variety.
Ben Ammar co-founded and part-owned the site since 2012 with Luc Besson of EuropaCorp alongside Euromedia and Bleufontaine.
Now, Ben Ammar has acquired the shares owned by all three other partners in a deal completed via Eagle Pictures France, a subsidiary of the Italy outfit controlled by the producer.
In a statement released by EuropaCorp to investors, the company said the facility would “continue to represent a centre of excellence for the French film industry and be an attractive factor for the entire sector”.
Production outfit EuropaCorp, which produced pics including Valerian And The City Of A Thousand Planets, has been in financial difficulties for a number of years. Founder Besson stepped back from his role of CEO in 2020, moving upstairs to non-executive chairman.