Interesting theme park news that could affect Wet "N Wild Sydney.

Parques Reunidos have received  a $703 million dollar takeover bid from a Swedish Private Equity firm. As well as recently taking over Wet'N Wild Sydney, they own over 60 theme parks, water parks and Zoos/Aquariums across the globe.

These include;

Amusement parks

• Dragon Park Ha Long - Quảng Ninh, Việt Nam
• Bobbejaanland - Lichtaart, Belgium
• Dubai Parks and Resorts - Dubai, United Arab Emirates
• BonBon-Land - Næstved, Denmark
• Mirabilandia - Ravenna, Italy
• Movie Park Germany - Bottrop-Kirchhellen, Germany
• Parque de Atracciones de Madrid - Madrid, Spain
• Parque Warner Madrid - Madrid, Spain
• Attractiepark Slagharen - Hardenberg, Netherlands
• Tusenfryd - Vinterbro, Norway
• Kennywood Amusement Park - Pittsburgh, Pennsylvania, United States
• Idlewild and Soak Zone - Ligonier, Pennsylvania, United States
• Miami Seaquarium - Key Biscayne, Florida, United States
• Castle Park - Riverside, California, United States
• Dutch Wonderland - Lancaster, Pennsylvania, United States
• Lake Compounce - Bristol, Connecticut, United States
• Sea Life Park - Waimanalo Beach, Hawaii, United States
• Story Land - Glen, New Hampshire, United States
• Mountasia -- Marietta, Georgia, United States

Zoo and nature parks

• Zoo Aquarium - Madrid, Spain
• Selwo Aventura and Selwo Marina - Estepona, Spain
• Delfinario Costa Daurada - Costa Daurada
• Mar del Plata Aquarium - Mar del Plata, Argentina
• Marineland - Antibes, France
• Lakes Aquarium - Lakeside, England
• Blackpool Zoo - Lancashire, England
• Bournemouth Oceanarium - Bournemouth, England
• Sea Life Park - Waimanalo, Hawaii, United States
• Miami Seaquarium - Miami, United States^{[citation needed]}

Water parks

• Aquopolis
  • Costa Daurada
  • Cullera
  • San Fernando de Henares
  • Sevilla
  • Cartaya
  • Torrevieja
  • Villanueva de la Cañada
• Bø Sommarland - Bø i Telemark, Norway
• Aquasplash Marineland - Antibes, France
• Mirabilandia Beach - Ravenna, Italy
• Aqualud - Le Touquet, France
• Noah's Ark Water Park - Wisconsin Dells, Wisconsin, United States
• Raging Waters (3 Locations) - Sacramento, San Dimas and San Jose, California, United States
• Splish Splash - Riverhead, New York, United States
• Water Country - Portsmouth, New Hampshire, United States
• Wet 'n Wild Emerald Pointe - Greensboro, North Carolina, United States
• Sandcastle Waterpark - Pittsburgh, Pennsylvania, United States
• Wet'n'Wild Sydney - Prospect, New South Wales, Australia

 

The board of Parques Reunidos are meeting to discuss the offer.

 

The article on the sale can be found here:

https://skift.com/2019/04/26/theme-park-operator-parques-reunidos-gets-703-million-takeover-approach/

 

It's odd how a company with such a large number of parks is worth so little.

This financial report from 1 year ago suggests that PQRs debt is putting lenders off.  Maybe that’s why the offer is low.  I’m guessing the new owners will also inherit the debts.

https://simplywall.st/stocks/es/consumer-services/bme-pqr/parques-reunidos-servicios-centrales-shares/news/how-financially-strong-is-parques-reunidos-servicios-centrales-sa-bmepqr/