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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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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
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A new museum, dedicated to the smaller craft used by the Royal Navy in both world wars, is set to open in Gosport, Hampshire, next year.
Carles Enrich Studio's timber scaffolding reactivates 13th-century lookout tower
Carles Enrich Studio have created a timber frame for the ruin of a 13th-century tower in Catalonia, Spain, that not only helps to support it, but that also provides a means for visitors to explore the heritage structure.
Educational museum for infamous Sing Sing prison gains development funding
A proposed museum based on the site of New York's notorious Sing Sing Correctional Facility has received key funding grants from corporate and national institutions, bringing its non- state funding to more than US$1m (€920,000, £770,000).
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David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
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We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
IDEATTACK

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QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
FEATURED SUPPLIER

Healthy appetite for investment at EAG International 2020
A buoyant EAG International has welcomed in the new decade as a well-rounded event with high levels of optimism and positivity on the show floor. [more...]
VIDEO GALLERY

Animalive - Introducing AnimaChat!
Introducing AnimaChat, one operator can live-stream into multiple venues. Find out more...
More videos:
Online Print Made Easy! – instantprint
Trailer Peter Pan - Saving Tinkerbell VR – Red Raion
Red Raion Showreel 2019 – Red Raion
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CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-25 Mar 2020

MuseumNext Europe

Edinburgh Festival Hub, Edinburgh,
23-25 Mar 2020

Dubai Entertainment Amusement and Leisure Exhibition (DEAL)

Dubai World Trade Centre, Dubai, United Arab Emirates
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2020

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