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Company type | Private |
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Industry | Amusement parks |
Founded | 1967 |
Headquarters | Madrid, Spain |
Area served | Worldwide |
Key people | Pascal Ferracci (CEO) |
Owners | EQT AB (51.0%) Elliott Management (12.8%) |
Subsidiaries | Palace Entertainment |
Website | www |
Parques Reunidos (meaning "Reunited Parks") is an international entertainment operator based in Madrid, Spain. The group operates over 60 parks in about dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars. These facilities are located in Spain, Belgium, Norway, the Netherlands, Denmark, the United Kingdom, Germany, France, Italy, the United Arab Emirates, Australia and the United States. Through acquisitions of established names such as Kennywood Entertainment Company, Dutch Wonderland and Palace Entertainment, Parques Reunidos greatly expanded its presence in American amusement operations beginning in 2007 through today. Annual visitors to the group's attractions exceed 22 million, with revenue exceeding $570 million (USD). In 2008 it had the fifth-highest attendance figures for worldwide chains with 24.9 million, ahead of United Parks & Resorts and Cedar Fair.[1]