English languageIntegration 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
- 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