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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."
MORE NEWS
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.
Vietnam Van Gogh exhibition uses VIOSO-powered immersive installations
Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
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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."
MORE NEWS
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.
Vietnam Van Gogh exhibition uses VIOSO-powered immersive installations
Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
Use of cinematography techniques significantly increases engagement with VR
A study has found that the use of cinematic and video editing techniques can drastically increase the aesthetic appeal and user engagement of virtual reality environments.
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
+ More news   
 
COMPANY PROFILES
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [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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