M&A Deal Summary

PVR INOX and Major Cineplex Group Acquire bluO

On January 1, 2009, PVR INOX and Major Cineplex Group acquired leisure company bluO

Acquisition Highlights
  • This is PVR INOX’s 1st and Major Cineplex Group’s 1st transaction in the Leisure sector.
  • This is PVR INOX’s 1st and Major Cineplex Group’s 1st transaction in India.
Investment Fate
  • bluO was divested to a consortium of strategic buyers in 2017 for 14M USD.

M&A Deal Summary

Date 2009-01-01
Target bluO
Sector Leisure
Buyer(s) PVR INOX
Major Cineplex Group
Deal Type Joint Venture

Target

bluO

Gurgaon, India
bluO is a provider of bowling alley and party destinations for birthday and corporate events. bluO was established in 2009 and is based in Gurgaon, India.

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Buyer(S) 2

Buyer

PVR INOX

Gurugram, India

Category Company
Founded 1991
Sector Consumer Services
Employees4,650
Revenue 57.3B INR (2025)
DESCRIPTION

PVR INOX is a cinema entertainment company. PVR INOX was founded in 1995 and is based in Gurugram, India.


DEAL STATS #
Overall 1 of 4
Sector: Leisure M&A 1 of 2
Type: Joint Venture M&A Deals 1 of 1
Country: India M&A 1 of 3
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-09 DT Cinemas

New Delhi, India

DT Cinemas Ltd. operates multiplex chain and started its operations through its first Multiplex at DLF City Centre in Gurgaon with a belief to create a comprehensive retail experience for the Indian Consumers through the best retail entertainment.

Buy Rs500M
Buyer

Major Cineplex Group

Bangkok, Thailand

Category Company
Founded 1995
Sector Leisure
Revenue 7.8B THB (2024)
DESCRIPTION

Major Cineplex Group is a provider of movie theaters. It is involved in cinema, advertising and media, bowling and karaoke, ice skating rink, rental and services, and movie content businesses. Major Cineplex Group was founded in 1995 and is based in Bangkok, Thailand.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 bluO

Gurgaon, India

bluO is a provider of bowling alley and party destinations for birthday and corporate events. bluO was established in 2009 and is based in Gurgaon, India.

Sell $14M