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  1. ITV Report

Owner of Pinewood Studios, home to James Bond and Star Wars, could be sold

The owner of Pinewood Studios - home to the James Bond and Star Wars films - could be sold as the company looks to maximise value for shareholders.

Credit: PA

Pinewood Group said has appointed the Rothschild investment bank to carry out a strategic review of the business that could include a sale of the company. It has a market value of £258 million.

Daisy Ridley attending the Star Wars: The Force Awakens European Premiere Credit: PA

The group, which also includes Shepperton Studios, has made more than 2,000 films and 800 TV shows over the last 80 years.

Star Wars: The Force Awakens, one of the biggest grossing films of all time, was made there as was last year's 24th official Bond film Spectre.

Daniel Craig attending the Spectre after party Credit: PA

Last April, the group completed a £30 million placing to build five new sound stages at Pinewood, due to be completed in June.

But the group wants further funds to continue to expand the business and reward existing investors, which include insurer Aviva.

We believe Pinewood has the potential to build on the strong performance of the last few years to grow further both in the UK and internationally.

The board is now looking to identify the best ways to create the appropriate capital structure to allow the company to realise its goals in the best interests of shareholders.

– Pinewood Group chief executive Ivan Dunleavy said: "