Nordic Cinema Group
2017
$652M
Why
To add the leading circuit in the Nordic and Baltic countries. AMC closed the all cash purchase from Bridgepoint and Bonnier Holding on March 28, 2017 for SEK 5,756 million, about $651.9 million, and separately repaid Nordic debt of about SEK 1,274 million and ~$176 million (EUR 156 million).
Impact
Nordic brought 68 theatres with 463 screens plus a roughly 50% interest in 50 associated theatres, under brands including SF Bio in Sweden, SF Kino in Norway, Finnkino in Finland and Forum Cinemas in the Baltics, and became a subsidiary of Odeon Cinemas Group.
Outcome
With Nordic added, AMC passed 1,000 theatres and 11,000 screens worldwide and became the market leader in nine of the countries in which it operated.