Grupo Cinemex’s Acquisition Financing Transaction


Simpson Thacher represented Grupo Cinemex and its subsidiaries in connection with the financing for the acquisition of the assets of Cobb Theaters LLC and its affiliates located in Florida.

The financing was completed on March 23, 2018.

Grupo Cinemex is the sixth-largest movie theater in the world, with more than 295 theaters and 2,565 screens under operation. Grupo Cinemex offers 3D and 4D experience, house of art and alternative contents at its theaters. Grupo Cinemex operates throughout Mexico and in the United States. The company is based in Mexico City.

The Simpson Thacher team included Jaime Mercado (Picture), Ismael Duran, Luis Pellerano and Pablo M. Richards (Banking and Credit); and Rob Holo, Jon Cantor and Sarah H. Katz (Tax).

Involved fees earner: Jaime Mercado – Simpson Thacher & Bartlett; Ismael Duran – Simpson Thacher & Bartlett; Luis Pellerano – Simpson Thacher & Bartlett; Pablo Richards – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Grupo Cinemex, S.A. de C.V.;

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Author: Ambrogio Visconti