Subsidiary Gets Equipment, Assets From J&L; Service
A subsidiary of Matthews Studio Equipment Group, a Burbank-based company that makes, sells and rents camera and lighting support equipment for films, has acquired for $550,000 all of the equipment and assets of J&L; Service Inc.
The purchase of the grip and lighting production rental equipment from J&L; Service, which is undergoing bankruptcy reorganization proceedings, by Matthew’s Hollywood Rental Co. Inc. subsidiary was approved by U. S. District Court Judge Calvin Ashland in Los Angeles.
The purchase came six weeks after Hollywood Rental bought out competitor Keylite Holdings Inc. and its affiliates in a deal valued at $4.2 million.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
