Integration of SF Bio and Finnkino to create Nordic Cinema Group

“Their experience and advice led to a very successful merger of the two companies without any cultural conflicts. They ran a best practice exercise where we found ways to improve the bottom line of the joint and local business. I found them to be professional, easy to work with, and focused on execution. I would recommend them highly.”

— Jan Bernhardsson,, CEO Nordic Cinema Group



Nordic cinema Group


  • Led the post-merger integration project for Nordic Cinema Group creating the
    Nordic region’s largest cinema group and number six in Europe for nine months, turnover of €325 million
  • Operations in six countries: Sweden, Norway, Finland, Estonia, Latvia, and Lithuania
  • Deal rationale was economy of scale towards suppliers and critical mass for a potential IPO
  • Key challenges in the merger of cultures, management teams, IT integration and creation of a new organization
  • Led analysis and prioritization of synergies, resulting in economies of scale in concessions, film rental, price optimization, and media selling; synergies included in budget and KPIs
  • Led a detailed review of the best practices in business and operations and found low hanging fruits
  • Led metrics alignment and implementation, and managed IT stream with two different systems


Sector/s
Consumer Products Supply

Services delivered
M&A Integration

Countries involved
Estonia
Finland
Latvia
Lithuania
Norway
Sweden


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