Hotline: 1800 102 2007
X
Search Business Opportunities
Jun, 06 2018

Carnival Cinemas strategically ties up with E-Square Cinemas to lead Maharashtra region with 47 properties

In a bid to provide the best-in-cinema experience coupled with state-of-the-art technology, Carnival Cinemas will acquire 37 operational screens of E-Square Cinemas chain in June 2018.

One of India’s leading and fastest growing national multiplex chain, Carnival Cinemas led by Dr. Shrikant Bhasi has executed a strategic tie up with E-Square Cinemas.

In a bid to provide the best-in-cinema experience coupled with state-of-the-art technology, Carnival Cinemas will acquire 37 operational screens of E-Square Cinemas chain in June 2018. Previously Carnival had 106 screens in 35 properties in Maharashtra. E-Square Cinemas operates in Maharashtra: Pune, Pimpri, Aurangabad, Beed, Ahmednagar, Solapur, Latur, Parbhani, Yavatmal, Nanded under – owned, leased and franchised models.

Dr Shrikant Bhasi, Chairman and Founder, Carnival Group said, “Carnival Cinemas will be strengthening its presence in Maharashtra with these added locations. Now Carnival will have the maximum number of properties i.e. 47 in Maharashtra with 143 screens with this deal and 4 more screens shall be opened in Pune at Spine Mall by the end of this month. For Maharashtra we have some aggressive expansion plans in pipeline. We have recently opened new properties in Beed, Baramati and completely renovated and upgraded the properties in Mumbai, Nashik, Pune and outside Maharashtra also. Carnival now has a larger audience and a bigger stage to adopt new technologies and initiatives including plush power-recliner seats, enhanced food and beverage choices and premium large format screens.”

Hemant Panchamia, Managing Director, E-Square said “Carnival Cinemas is a fast growing multiplex chain, with a well-established presence pan India. We found a perfect synergy by associating with Carnival Group and look forward to closely working with them for further expansion of their multiplex business.”

Comment
image
Related opportunities
  • Ice creams & Yogurt Parlors
    About Us: Nirula's is India's oldest fast food restaurant chain. Based..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Global Academy Public School stands out as a master..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 2lac - 5lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mandsaur Madhya Pradesh
  • About Us: Promising QSR brand. Launched in India IT city Benagaluru..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Theme Restaurants
    About Us: The Ambey group offers the franchise for a garden..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities