Weekly M&A Debrief (1-7/12/2025)
- Nikolaos Tsolakis
- Jan 11
- 1 min read
By Nikos Tsolakis, Stavroula Bichta, and Dimitris Machairas
TECHNOLOGY, MEDIA & TELECOMMUNICATIONS
Antenna Group Acquires Options & Town Cinemas
Antenna Group has acquired Options & Town Cinemas, expanding its cinema network to 11 multiplexes and 3 open-air cinemas with a total of 94 screens across major Greek cities such as Athens, Thessaloniki, Patras, Larissa and Volos. This move follows its earlier purchase of Village Roadshow Operations Hellas and forms part of a broader strategy to strengthen its presence in entertainment.
The Target
Grouper Cinemas SA, operating as Options & Town Cinemas, entered the entertainment sector in August 2022 with a strong focus on delivering high-quality cinematic experiences. Emphasizing choice and customer enjoyment, the company aims to create memorable moments for audiences of all ages through exceptional service and modern movie entertainment.
Revenue – 2024: €6.8m
EBIT – 2024: €0.1m
Net Income – 2024: €0.03m
The Buyer
Antenna Group is a leading international media, content and entertainment organization, providing millions of people around the world with content and entertainment.
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