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Compagnie des Alpes acquires Austrian theme park Familypark
POSTED 22 Mar 2019 . BY Luke Cloherty
French theme park and ski resort operator Compagnie des Alpes (CDA) has acquired Austria's Familypark in a deal worth €72.5m (US$82m, £62.3m).

The deal sees CDA assume 100 per cent of the shares in the theme park, which is located in the tourist region of Neusiedl Lake, near Vienna.

Familypark welcomed 716,000 visitors in 2018, of which around 30 per cent were from neighbouring Hungary and Slovakia.

The park made revenues of €19.1m (US$21.6m, £16.4m) with pre-tax profits of €6.8m (US$7.7m, £5.8m) during the financial year 2018.

CDA made note of the 13 hectares of land reserves adjacent to the park in a statement on the deal, perhaps pointing to potential expansion and development.

"This acquisition is perfectly in line with the strategy that the group has deployed over several years in our parks," said Dominique Marcel, CDA chairman and CEO.

"It will reinforce the geographical coverage of our very coherent park portfolio. We are, therefore, very pleased to welcome Familypark among our sites.

"In this context, the group will continue its efforts to seize value-creating acquisition opportunities."
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Jobs . News . Products . Magazine
NEWS
Compagnie des Alpes acquires Austrian theme park Familypark
POSTED 22 Mar 2019 . BY Luke Cloherty
French theme park and ski resort operator Compagnie des Alpes (CDA) has acquired Austria's Familypark in a deal worth €72.5m (US$82m, £62.3m).

The deal sees CDA assume 100 per cent of the shares in the theme park, which is located in the tourist region of Neusiedl Lake, near Vienna.

Familypark welcomed 716,000 visitors in 2018, of which around 30 per cent were from neighbouring Hungary and Slovakia.

The park made revenues of €19.1m (US$21.6m, £16.4m) with pre-tax profits of €6.8m (US$7.7m, £5.8m) during the financial year 2018.

CDA made note of the 13 hectares of land reserves adjacent to the park in a statement on the deal, perhaps pointing to potential expansion and development.

"This acquisition is perfectly in line with the strategy that the group has deployed over several years in our parks," said Dominique Marcel, CDA chairman and CEO.

"It will reinforce the geographical coverage of our very coherent park portfolio. We are, therefore, very pleased to welcome Familypark among our sites.

"In this context, the group will continue its efforts to seize value-creating acquisition opportunities."
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COMPANY PROFILE
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
+ More profiles  
FEATURED SUPPLIER

How can travelling exhibitions adapt for the future?
Emily Cronin, partnerships manager at the Science Museum Group in the UK, shares insights into evolving business models for touring exhibitions in Spokes, Ecsite’s magazine. [more...]
VIDEO GALLERY

instantprint - Online Print Made Easy!
We're the only online printing company who really gets your business. Find out more...
More videos:
Red Raion - VR/5D Films Showreel 2016 – Red Raion
Experience the experience – Polin Waterparks & Pool Systems
Red Raion: Meet the Team - Introduction – Red Raion
+ More videos  

CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

25-27 Jun 2019

BALPPA Summer Conference 2019

The Balmer Lawn Hotel and Carey’s Manor Hotel, New Forest, United Kingdom
04 Jul 2019

National Hotel Marketing Conference

Hilton at St George's Park, Burton-on-Trent, United Kingdom
+ More diary  
 


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ABOUT LEISURE MEDIA
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