Constantin Film-Holding purchase three UCI Austria cinemas from Odeon Cinemas Group
Constantin Film-Holding GmbH are pleased to confirm the purchase of all three UCI cinemas in Austria from Odeon Cinemas Group: Millennium City (Vienna), Shopping City Süd (Wiener Neudorf), and Annenhof (Graz).
All three cinemas will be integrated into the company’s cinema division and, in the medium term, will operate under the Cineplexx brand. In a later stage, Cineplexx plan to modernize these locations in close coordination with the respective shopping center operators.
“We are pleased that we successfully brought the acquisition to a close and were thereby able to include three additional attractive cinema venues into the portfolio of the Austrian Cineplexx Group. Owing to our strong domestic market focus in Austria, the long-term operation of these cinema locations are secured”, says Christian Langhammer, the principal owner and Managing Director of the Constantin Film-Holding GmbH.
Jens Heinze, MD UCI Germany said: “We thank the staff and management teams in Vienna and Graz for their commitment and dedication to our guests and to UCI over the years, and wish them all the best in the Cineplexx team.”
The management teams of Cineplexx and UCI have agreed detailed plans to ensure a seamless handover of the three cinemas and their teams