Parques Reunidos has acquired Leipzig based theme park Belantis. The Group already own Movie Park, also located in Germany, and the new acquisition includes 27ha. of additional land that allows for expansion of the park.
Belantis is accessible from Germany, Poland, and the Czech Republic, and has eight different themed areas with 70 attractions, 13 restaurants, and two souvenir shops. The park also offers event programming, including themed parties, music events, and firework shows.
Belantis shows potential to grow towards a flagship German park, with regional reach for cities such a Prague, Berlin, and Dresden.
“Parques Reunidos has a strong track record in both company acquisitions and operational improvements of acquired targets, with 19 transactions successfully completed across 10 countries since 2004,” said CEO of Parques Reunidos, Fernando Eiroa. “This acquisition has offered Parques Reunidos a great opportunity to reinforce our presence in the German market and gain synergies with Movie Park. We have attractive investments projects for Belantis, which will enhance customer experience, bringing the park to the best industry standards.”