Kinepolis Expands in US with Emagine Cinema Takeover

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The finalisation of the purchase will take place by the end of 2025. Kinepolis will acquire the U.S. cinema channel Emagine Entertainment, adding...

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08:43 Belgian cinema group Kinepolis is embarking on its largest acquisition deal since the pandemic by acquiring American cinema chain Emagine Entertainment.

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The Eddy Duquenne group is expanding its park and increasing its presence in the United States. It is 14 cinemas for 177 screens and 18,000 seats that are expected to be added to the Kinepolis portfolio by the end of the year. The group has announced the signing of an agreement to acquire the business of "Emagine Entertainment", an American network based in Michigan, Illinois, Indiana and Wisconsin, with 6 million annual admissions, for a turnov…