Wanda's US$930 million acquisition of Nordic's largest theater group has a global market share approaching 20%
on January 23rd, AMC, an American cinema chain owned by Wanda Group, announced the acquisition of Nordic Cinema Group (Nordic Cinema Group), the largest cinema line in northern Europe, for US $930 million.
on January 23rd, AMC, a US cinema chain owned by Wanda Group, announced the acquisition of the Nordic Cinema Group (Nordic Cinema Group), the largest cinema line in northern Europe, for US $930 million. This is the second time that AMC has acquired a large cinema chain in Europe after the acquisition of Europe's largest cinema line (Odeon&UCI), making Wanda further expand its influence in the European film market.
according to public data, the Nordic Cinema Group has 118 cinemas and 664 screens in the Nordic region, with cinemas in 50 major and medium-sized cities in northern Europe, ranking first in market share in Sweden, Finland, Estonia, Norway, Latvia and Lithuania. After the acquisition, AMC has 1000 cinemas and 11000 screens in 15 countries in North America and Europe, further expanding its lead as the world's largest single theater chain.
at present, Wanda has become the largest cinema line operator in the world. In addition to China's Wanda cinema line, Wanda has acquired AMC in the United States, Carmichael in the United States, Heyce in Australia, European Europe and Nordic Cinema Group in the world, with a total of 1470 cinemas and more than 15000 screens. With the addition of Nordic cinema chains, Wanda has taken another step towards its goal of occupying 20% of the global film market.