Kinepolis : Belgian Utopolis cinemas taken over by Kinepolis
April 19, 2016 at 04:29 am EDT
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19 April 2016
Following the decision of the Belgian Competition Authority (BCA) of 25 March 2016 and in pursuance of the agreement concluded with the shareholders of Utopia SA on 9 November 2015, Kinepolis Group has taken over the Belgian Utopolis cinemas in Lommel, Turnhout, Mechelen and Aarschot on 14 April 2016. Pending the sale of at least the complexes in Mechelen and Aarschot, the cinemas concerned will operate in accordance with the conditions imposed by the BCA.
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 which serves as a pioneering model within the industry. Kinepolis has a chain of 46 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Apart from its cinema activities, the Group also operates in film distribution, event organization, screen publicity and property management. 2,300 employees are committed to providing millions of cinema visitors an unforgettable movie experience.
Kinepolis Group NV issued this content on 19 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 08:28:55 UTC
Original Document: https://corporate.kinepolis.com/en/press-releases/belgian-utopolis-cinemas-taken-over-kinepolis
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 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), 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).
KINEPOLIS GROUP NV 
