New Hollywood owners of Troy and Ardmore studios pledge to boost productions in Ireland

MBS Group plans to build on the success of the studios

Matt Damon on the set of 'Last Duel', which was filmed at Ardmore Studios.

Troy Studios in Limerick and Ardmore in Co Wicklow — Ireland's largest television and movie production facilities —
have been sold to a Hollywood production giant which has pledged to boost both Irish and international productions at the studios.          

Olcott Entertainment, which owns the two studios, has invested €30m in the facilities in recent years and although no price has been disclosed, the sale price is believed to be in excess of €80m.