Tropical Islands SARL announces sale of Tropical Islands to Parques Reunidos Group
Tropical Islands (www.tropical-islands.de) is a leading European leisure destination, located near Berlin, which attracts 1.2m guests annually. Tropical Islands, already widely acclaimed for its unique tropical dome and Amazonia water park, recently announced significant expansion plans following receipt of building permits to increase both accommodation and leisure activities within its 630 hectare site.
Gerard Nathan, Chairman of the Supervisory Board of Tropical Islands, said: “On behalf of our Shareholders and the Supervisory Board, I would like to extend my thanks to all Tropical Islands staff for their personal contribution to the success of our business over the course of our 14-year journey and to wish them well for their future”.
Parques Reunidos (www.parquesreunidos.com) is a world leading leisure park operator with a portfolio of over 60 parks in Europe, the Middle East, Americas and Australia. Operations, which attract c 20 million visitors per year, include amusement parks, aquatic parks and family entertainment centres. Richard Golding, Chairman of Parques Reunidos Group, said “We are delighted to have reached this agreement with Tanjong PLC, who developed this unique park and built its strong brand equity. Parques Reunidos will build on Tropical Islands success thanks to the accumulated expertise of managing over 60 assets in 14 countries and taking advantage of the investment opportunities that the available land offers. We look forward to working with Tropical Islands team and collaborating with the local administration in every possible way.”