DHX Media has acquired Teletubbies owner Ragdoll Worldwide from BBC Worldwide and a consortium that includes founder Anne Wood as part of a $27.7 million cash deal.

The agreement gives the Canadian producer in all 12 series, including The Adventures of Abney & Teal, Dipdap and Brum, in addition to 365 episodes of Teletubbies, which has aired in 120 territories worldwide.

DHX Media also picked up 52 episodes of Teletubbies Everywhere and 100 episodes of In the Night Garden.

The Halifax-based producer will fund the acquisition from a $25 million expansion of its current debt facility and the balance from cash reserves, including its revolving line of credit.

“These globally recognized brands will be highly complementary to the DHX Media library, which is now one of the largest independent libraries of children’s TV content in the world,” Michael Donovan, CEO of DHX Media, said in a statement Monday.

Ragdoll Worldwide was established as a joint venture in 2006 between BBC Worldwide, BBC’s commercial arm, and Anne Wood’s production company, Ragdoll Ltd.

Anne Wood and her son Christopher will continue to manage and operate Ragdoll Productions.