Major rental company Procam Take2 has called in administrators.
The company is headquartered in West London, with rental locations in Manchester, Leeds, Edinburgh and Glasgow, and a staff of over 150.
Members of staff at the company were informed of the news late last week.
The Leeds cinematography equipment hub was opened at Prime Studios in October last year. Procam also debuted the UK’s largest cinematic outside broadcast truck, OB1.
Procam and Take2 rebranded as Procam Take2 in 2021. Procam acquired Take2 in 2016.
In a statement published on LinkedIn, CEO John Brennan said the company saw a downturn at the end of 2022, in part due to challenges surrounding the PACT/BECTU negotiations and the uncertainty surrounding the writers’ strike in the US.
“With minimal projects on the horizon and a bleak outlook for the remainder of the year, we have made the difficult decision to cease operations in the coming weeks,” he added. “It is with deep sadness that I share this news.”
