Svenska Bio is a cinema company headquartered in

Lidingö Lidingö (), also known in its definite form Lidingön and as Lidingölandet, is an island in the inner Stockholm archipelago, northeast of Stockholm, Sweden. In 2023, the population of the Lidingö urban area on the island was 48,162. It is the ...

Sweden Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count ...

. In the late 1980s, the company was formed from a

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

between Fornstams Biografer and several cinemas owned by

Svensk Filmindustri SF Studios is Sweden’s largest film studio. It is involved in production, distribution, and movie theater market chains (both Swedish and international, including American) with headquarters in Stockholm and local offices in Oslo, Copenhagen ...

. In August 2007 the company bought two cinemas in

Stockholm Stockholm (; ) is the Capital city, capital and List of urban areas in Sweden by population, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...

, called Victoria and Grand, from

Astoria Cinemas Astoria Cinemas was a cinema chain that was started by people from Triangelfilm, Atlantic Film and S/S Falden which in April 2005 bought Sandrew Metronome's cinemas in Sweden. Sandrew's cinemas in Sweden has been for sale since August 2004 bec ...

. By doing so, they then owned 16% of the Swedish cinema market. They are the second biggest cinema chain in Sweden. By November 2017, the company had with 37 cinemas, 142 screens, 12,724 chairs and by May 2018, the company had spread to 55 cities.

Ownership

Peter Fornstam, the

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of Svenska Bio, owns 50 percent of the company, and SF Bio, a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

Nordic Cinema Group Nordic Cinema Group AB is a Swedish company which owns 103 cinemas and 590 cinema saloons in six countries (Sweden, Norway, Finland, Estonia, Latvia and Lithuania). It was founded in 2013 through a merger of Filmstaden in Sweden, Odeon Kino in N ...

which is itself a subsidiary of

Odeon Cinemas Group Odeon Cinemas Group Limited is Europe's largest cinema operator. Through subsidiaries it has over 360 cinemas, with 2900 screens in 14 countries in Europe, 120 cinemas with 960 screens are in the UK. It receives more than 2.2 million guests per ...

, owns the other 50 percent.

References

{{Authority control Cinemas in Sweden Cinemas and movie theaters chains