Dubliner William Sargent's London-headquartered TV and movie special effects firm Framestore has acquired a 50% stake in Anibrain, an Indian counterpart, for €12m as it seeks opportunities to grow outside of the US and Europe.

Anibrain employs 700 people in India and has worked on CGI special effects for productions including Fast and Furious 7 and Guardians of the Galaxy, while its studio is certified for use by giants Disney and Marvel.

The investment was revealed in the latest accounts for Framestore, which has worked recently on the Paddington 2 film and an episode of the latest series of the Netflix sci-fi drama Black Mirror.

Framestore is a British visual effects company based near Oxford Street in London. Formed in 1986, it acquired (and subsequently merged) the Computer Film Company in 1997. The company works across several different areas of the media: feature films, commercials, music videos, feature animation and digital. Framestore and CFC’s achievements in film and television have been recognized throughout the industry, with CFC being awarded two Scientific and Technical Academy Awards, and 14 Primetime Emmys. In 2008, Framestore won their first Oscar for Best Visual Effects for the film The Golden Compass; they also won the BAFTA Award for that film the same year. Framestore was also nominated for Oscars in 2007 (Superman Returns), in 2009 (The Dark Knight) and again in 2010 (Harry Potter and the Deathly Hallows – Part 1). Tim Webber was the VFX supervisor on Gravity (2013), and the techniques involved in the film realized by Webber and the Framestore team took three years to complete.[2]The team won the best visual effects awards BAFTA Award for Best Special Visual Effects at the 67th British Academy Film Awards, and the Academy Award for Best Visual Effects award at the 86th Academy Awards.[3] In advertising the team has also won all the major awards including Cannes Lions, British Television Advertising Awards, Clios, D&AD and many more.