OMNIPLEX CINEMAS IN €1.5M DEAL FOR BALBRIGGAN CINEMA
27 May 2013
Cinema goers from Balbriggan in north County Dublin are to receive an enhanced movie experience after the Omniplex Group, Ireland’s largest cinema operator, announced it has bought the Quayside cinema for circa €1m. The 5 screen cinema on Mill Street will now receive a €500,000 makeover that will include a full refurbishment and all its screens will be converted to digital projection.
Formerly called The Savoy, the Quayside cinema opened in 2007 but was transferred to NAMA after its owner’s the McEnaney Construction Limited went into liquidation in 2011. The deal safeguards the future of the Quayside and the jobs of its 8 employees. 4 new jobs will be created following extensive renovations, which are expected to start as soon. The cinema will continue to operate during the refurbishment
Commenting on the investment Paul Anderson, Managing Director of Omniplex Group, said: “Balbriggan has undergone a large expansion and population growth over the last few years, so there is high demand for a cinema in the town. Omniplex has never had a cinema in Balbriggan, so the Quayside represents a valuable acquisition to our portfolio, which we were very pleased to secure from NAMA. Cinema goers in the town will soon have one of Ireland’s most modern cinemas.”
The acquisition the Quayside brings the number of cinemas operated by Omniplex to 22, across the whole island of Ireland. Booking of films at the cinema will soon be undertaken through Omniplex’s main website http://www.omniplex.ie. For now details can still be found on http://www.quaysidecinema.com/
For more information please contact Simon Palmer of Republic PR on +353 (0) 851 341 761 or email email@example.com
Notes to Editors: Omniplex Group operates cinemas in 22 locations both in the Republic of Ireland and Northern Ireland. It is the largest cinema company on the island of Ireland and is 100% Irish-owned. For more information please visit www.omniplex.ie