HMSHost completes acquisition of CMS

HMS_HOST_logoHMSHost announced today that it has finalized the acquisition of the airport restaurant assets of concessionaire Concession Management Services, Inc. (CMS).

HMSHost, part of Autogrill Group, will transition the operations of 12 dining locations at Los Angeles International Airport (LAX) and four restaurants at McCarran International Airport (Las Vegas) from CMS, effective August 20, 2016. The restaurant operations are projected to generate nearly $50 million in sales for 2016.

The transaction aligns with HMSHost’s goal to continue strengthening its position as the leader of food & beverage services in airports throughout North America, and was originally announced in June.