CTS, formerly a partner alongside Danish film studio Nordisk Film, has acquired growing Scandinavian ticketing platform Venuepoint in its entirety
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CTS Eventim, already a majority shareholder, has acquired 100% of Kinoheld, whose white-label booking systems are used by small and medium-sized cinemas
By Jon Chapple on 25 Oct 2018
CTS Eventim has taken full control of German online movie ticketing platform Kinoheld.
Eventim was previously the majority shareholder of the start-up, having acquired 51% in 2015.
Kinoheld provides white-label box-office systems to hundreds of small and medium-sized cinemas across Germany. A 23 October entry in the German Trade Register (Handelsregister) reveals the event ticketing giant now holds 100% of the company’s shares.
Confirming the acquisition, a CTS Eventim spokesperson tells financial news site Gründerszene: “The transaction does not change anything regarding the daily operating business of Kinoheld.”
Eventim’s last acquisition was of Venuepoint, a pan-Scandinavian ticket agency formerly co-owned with Nordisk Film.
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