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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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Jobs   News   Products   Magazine
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

MORE NEWS
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A new US$550m (€509m, £426m) African-themed water park and resort from Kalahari Resorts & Conventions is due to open in Round Rock, Texas, in November 2020.
Northern Ireland's The Gobbins in line for £11m development
Plans for an £11m (US$14.2m, €13m) extension to The Gobbins, a famous cliff-face path at Islandmagee, County Antrim, Northern Ireland, have made significant progress, according to the local borough council.
London's V&A Museum of Childhood to close for two-year redevelopment
Creating an "unforgettable first museum experience for children" is the aim of the V&A Museum of Childhood in London, which has announced it will close in May 2020 to undergo a two-year, £13m (US$16.9m, €15.7m) transformation.
Hassell's grass-covered dome will celebrate the stars at Jodrell Bank
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COMPANY PROFILES
Red Raion

Founded in 2014, Red Raion is the CGI studio specialized in media based attractions. [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
TOR Systems Ltd

TOR Systems have been in this business since 1981. [more...]
QubicaAMF UK

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

Global Solutions for Clothing creates award-winning costumes
Global Solutions for Clothing (GSC) is a multi-award winning costume specialist that has been creating high quality costume for more than 60 years. [more...]
VIDEO GALLERY

Red Raion - Miko and the Spell of the Stone - Movie Trailer
Red Raion is the CGI studio specialized in media based attraction. Find out more...
More videos:
Trailer Aladdin - The Bachelor Party VR – Red Raion
Red Raion Showreel 2019 – Red Raion
Trailer Pinocchio - A Modern Tale VR – Red Raion
+ More videos  

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  
 


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

©Cybertrek 2020

ABOUT LEISURE MEDIA
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