CMX Cinemas and Star Cinema Grill jointly announced a purchase agreement through which CMX will acquire all of Star Cinema Grill’s 10 existing locations, including two in the Spring and Klein area, according to a March 16 news release. CMX Cinemas is a wholly-owned subsidiary of Cinemex, while Star Cinema Grill is an operator of upscale dine-in movie theaters, mostly in the Greater Houston area.
“We are thrilled that Star Cinema Grill and the wonderful people that work for this company will have the opportunity to be part of a growing, premiere, international cinema operator such as CMX, that holds itself to the same high standards as we do,” said Omar Khan, Star Cinema Grill president and chief executive officer, in a statement.
The acquisition will position CMX Cinemas to become the seventh-largest movie theater chain in the U.S., 51 theaters and 504 screens across 13 states, the release states.
This move comes just after CMS Cinemas’ recent acquisition of Cobb Theatres.
