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Eversheds Sutherland Advises MM Grupp on Acquisition of Controlling Stake in Forum Cinemas

Eversheds Sutherland Advises MM Grupp on Acquisition of Controlling Stake in Forum Cinemas

Estonia
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Eversheds Sutherland Ots&Co has advised Estonian investment firm MM Grupp OU on its acquisition of control over Forum Cinemas OU in Estonia, as well as its branches in Latvia and Lithuania.

Financial details of the deal were not disclosed, and the transaction remains contingent on the approval of the relevant competition authorities.

Eversheds Sutherland advised UP Invest on its acquisition of Forum Cinemas from US-based AMC in the summer of 2020 (as reported by CEE Legal Matters on September 7, 2020).

Eversheds Sutherland describes Forum Cinemas, which operates 9 multiplex cinemas in the region, as “one of the biggest cinema operators in the Baltics."

Eversheds Sutherland’s team included Managing Partner Maivi Ots, Partner Risto Ruutel, Associate Taavi Koiv, and Lawyers Erika Tuvike and Kristi Joemets.

Eversheds Sutherland at a Glance

Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.

Firm's website.