banner 460x100 27sept

AMC Theatres to Buy Estonia’s Forum Cinemas Featured

2017-01-24

TALLINN: International cinema giant AMC Theatres will acquire the Sweden-based cinema network Nordic Cinema Group for a reported 870 m EUR. Estonia’s cinema chain Forum Cinemas will be part of the deal.

Nordic Cinema Group is currently owned by private investment company Bridgepoint and Bonnier Holding. According to Kristjan Kongo, member of Forum Cinemas board, the purchase will place Forum Cinemas under the ownership of AMC Theatre’s subsidiary Odeon Cinemas Group. The chain’s cinemas in Estonia will, however, keep operating under the established Forum Cinemas brand. The new ownership will focus on both Forum Cinemas exhibition and distribution businesses.

Nordic Cinema Group is the market leader in Sweden, Finland, Estonia, Latvia and Lithuania, and second in Norway. Forum Cinemas operates Coca-Cola Plaza multiplex in Tallinn and Ekraan in Tartu.

AMC Theatres is majority-owned by the Chinese business tycoon Wang Jianlin’s Wanda Group. The deal requires approval from the European Commission.

Regiofund 460x100px ENG

gdynianaprawa

FneInnovationPeeterSten2

fneCeiAtRegiofund2017

oscars315

Subscribe to FNE daily»

rusian longtext

Distributor Of The Month092017

CinemaOfTheMonth13.09.2017

docbloc22092017

FNE TV

fnemarketonline

WhosGotTheMoney

FNE UNIC Update

Fne UnicUpdate

fneAssocLogo315

25yearsMedia