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UK Arthouse Chain Curzon Acquired By Fortress Investment Group
Fortress acquired the company from Charles Cohen, which picked up the chain in 2019.
The deal was confirmed this morning, but we first reported yesterday that Fortress appeared to be the frontrunner to take control of Curzon after it was the only bidder for a handful of properties owned by Charles Cohen at a foreclosure auction Friday. Curzon said today in a statement that the Fortress deal will secure all the company’s physical locations, the distribution and streaming strands, and “preserve jobs of more than 350-strong team.” Our acquisition secures the jobs of more than 350 employees, and helps Curzon continue to offer film fans a range of independent and blockbuster movies both in cinema and at home.”
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