Marcus Theatres Buys 14 Wehrenberg Assets Across 4 States
The acquisition expands the company’s footprint in the region by 29 percent.
By Mihaela Coste
Marcus Theatre
Milwaukee, Wis.—Marcus Theatres recently announced that it has closed the acquisition of 197 screens at 14 Wehrenberg Theatres locations in Missouri, Iowa, Illinois and Minnesota. Financial terms of the transaction have not been disclosed.
Marcus Theatres is a division of The Marcus Corp., a leader in the lodging and entertainment industries with significant company-owned real estate assets. The acquisition expands the company’s footprint by 29 percent to 885 screens at 68 locations in eight Midwestern states.
Nine of the theaters are located in the greater St. Louis area, while the others are situated in Cape Girardeau, Miss.; Lake Ozark, Miss.; Cedar Rapids, Iowa; Rochester, Minn.; and Bloomington, Ill.
“We plan to further enhance the entertainment experience at select theatres with new features and amenities including DreamLounger recliner seating, premium large-format screens and our signature food and beverage concepts,” said Rolando Rodriguez, president & CEO of Marcus Theatres, in a prepared statement.
Image courtesy of Marcus Theatres
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