Cinepolis Cinépolis has acquired Moviehouse & Eatery, an upscale dine-in movie theater concept.

AUSTIN, TX—Mexican cinema operator Cinépolis has acquired Moviehouse & Eatery, a dine-in movie theater circuit in Texas with five operating locations and one under construction, part of a larger push to expand into global markets. As of the completion of the transaction, Cinépolis operates 258 screens at 26 locations in seven US states and is the second largest cinema operator in the world in terms of moviegoers.

Cinépolis currently operates 5,941 screens across 738 cinemas, with a presence in 17 countries, entertaining more than 338 million patrons annually. It is expanding in the Americas, notes CEO Alejandro Ramírez Magaña, who says in prepared remarks that “We are fully committed to bring our global expertise to the US market.”

Since the opening of its first theater in 2012, Moviehouse & Eatery has quickly become one of the leading upscale dine-in theater operators in Texas with five theaters and 47 screens in the Austin and Dallas metropolitan areas, appealing to an affluent family-oriented demographic. Each location offers scratch-made food and plush recliner seating, as well as full bar and dine-in service using call button technology.

Besides the US, Cinépolis has recently entered the Indonesian market as well.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.