Odeon, UCI to run Storm chain EEG to own Irish exhibitor

Posted: Mon., Apr. 7, 2008, 8:47am PT

 

By ARCHIE THOMASLONDON — The Odeon and UCI Cinemas Group has teamed with Entertainment Enterprises Group to acquire five multi-screen theaters in Ireland from Storm Cinema.

Under the deal, EEG will own the cinemas, which Odeon UCI will manage and operate. The theaters will remain under the Storm name until Jan. 1, 2009, when they will adopt the UCI brand.

 

In 2003, Odeon UCI sold its Irish subsid to EEG.

 

This deal means Odeon UCI now operates and manages 61 screens across eight theaters in Ireland.

 

Odeon UCI is the market leader in the U.K., Italy and Spain, and the third largest exhib chain in Germany.