Kinepolis Group today acquired the French cinema Mégaroyal, a 12-screen complex with around 2,100 seats, located in Bourgoin-Jallieu, 35km east of Lyon. Until today, the complex was owned and run by Mr and Mrs Derobert. Mégaroyal currently welcomes around 600,000 visitors per year.
Eddy Duquenne, CEO Kinepolis Group: "I am delighted with this acquisition. At 600,000 visitors a year, Mégaroyal is one of the biggest independent cinemas in France. This, alongside the fact that we both acquired the real estate and took on the running of the cinema, gives us the ideal recipe for the eighth Kinepolis complex in France, Kinepolis Bourgoin."
This acquisition, together with the previously announced construction of a new complex in Brétigny-sur-Orge (near Paris), will enable Kinepolis to strengthen its position on the French market and offer more visitors than ever the ultimate movie experience.
Kinepolis Group acquires French cinema Mégaroyal
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General
About Kinepolis
Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.
In Europe, Kinepolis Group NV has 64 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of Canadian movie theatre group Landmark Cinemas and American movie theatre group MJR Theatres, Kinepolis also operates 36 cinemas in Canada and 10 in the US.
In total, Kinepolis Group currently operates 110 cinemas worldwide, with a total of 1,144 screens and more than 200,000 seats. Kinepolis’ employees are all committed to giving millions of visitors an unforgettable movie experience. More information on www.kinepolis.com/corporate.
Contact
A. Van Troos,
Corporate
Communication Manager
Kinepolis Group nv
The Office I
Moutstraat 132-146
B - 9000 Gent