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HMSHost acquires CBR

HMSHost Corp. has agreed to acquire CBR Inc., the specialty retail concessions company responsible for brands such as Spirit of the Red Horse, Radio Road and Creative Kidstuff.

HMSHost and CBR began working together as Minneapolis Retail Partners, a joint venture operating at Minneapolis-St. Paul International’s (MSP) Northstar Crossing program. Carole Howe founded the company in the mid-1970s with Touch the Earth at MSP. The company now has operations at 10 airports in the United States. The Minnesota-based firm’s management team and associates will remain in place.