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 was formed in 1997 as a result of the merger of two family cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept that serves as a groundbreaking model in the industry. Kinepolis has a chain of 34 cinemas spread across Belgium, the Netherlands, France, Spain, Switzerland and Poland. Apart from its cinema activities, the group also operates in film distribution, event organization, screen publicity and property management. 2,100 employees are committed to providing millions of cinema visitors with an unforgettable movie experience.
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2022, the group has a network of 110 cinemas in Belgium (11), Canada (38), the Netherlands (20), France (16), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).