Aferian, the parent company of Amino and 24i, has launched a formal sale process for its subsidiaries as it looks to restructure its business.
The company, formerly known as Amino Technologies, said it has appointed FRP Advisory Trading to oversee the sale and has extended its banking facilities with Barclays, Bank of Ireland and HSBC until November 30, 2025, to provide more time for the process.
The sale will be conducted under the UK Takeover Code, requiring interested parties to enter non-disclosure agreements before accessing further information. Aferian stressed that while it is not currently in talks with any potential buyers, all options remain under consideration, including the sale of the entire group.
Amino is best known for its set-top boxes and media delivery technology, while 24i provides streaming and user experience software platforms. Together they represent an integrated hardware and software offering for the pay-TV and OTT sectors.
