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NEWS
Merlin Entertainments announces management buyout
POSTED 18 Feb 2004 . BY
Attractions operator, Merlin Entertainments, has announced the completion of a £72.5m secondary management buyout deal.

Backed by Hermes Private Equity, the company has been bought from owners, Apax Partners and JP Morgan Partners.

Merlin, whose portfolio includes the London Dungeons and the Sea Life chain, will now be able focus on its growth strategy, which includes the introduction of a new £9m family brand called Earth Explorer, due to open in Ostende in May.

Chief executive, Nick Varney, said: “Hermes Private Equity is a very suitable partner to build on the company’s success and ensure our continued expansion.

“We are delighted to have been able to complete a deal that secures our growth strategy, and believe this is positive news for everyone involved.” Details: www.merlinentertainments.biz

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DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
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NEWS
Merlin Entertainments announces management buyout
POSTED 18 Feb 2004 . BY
Attractions operator, Merlin Entertainments, has announced the completion of a £72.5m secondary management buyout deal.

Backed by Hermes Private Equity, the company has been bought from owners, Apax Partners and JP Morgan Partners.

Merlin, whose portfolio includes the London Dungeons and the Sea Life chain, will now be able focus on its growth strategy, which includes the introduction of a new £9m family brand called Earth Explorer, due to open in Ostende in May.

Chief executive, Nick Varney, said: “Hermes Private Equity is a very suitable partner to build on the company’s success and ensure our continued expansion.

“We are delighted to have been able to complete a deal that secures our growth strategy, and believe this is positive news for everyone involved.” Details: www.merlinentertainments.biz

RELATED STORIES
MORE NEWS
Excurio and The Muséum National d'Histoire Naturelle create evolutionary VR experience
Virtual reality creators Excurio has teamed up with experts from The Muséum National d'Histoire Naturelle to create Life Chronicles London, a free-roaming VR experience.
The Park Playground opens first immersive VR franchise in Porto
The Park Playground, has opened its first Immersive VR franchise in Porto, Portugal.
Bridgerton Season three – most Instagrammed locations
Following the release of season three Of Bridgerton, a study reveals its ten most Instagrammable filming locations.
Getty Museum refuses to surrender prized Greek bronze to Italy
The European Court of Human Rights has recognised Italy’s claim to a prized Greek antiquity.
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
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COMPANY PROFILES
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
03-08 Sep 2024

Spa Peeps International Corporate Cruise

Cruise London, Amsterdam, Zeebrugge, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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