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Article: CANDOVER INVESTMENTS PLC - Candover acquires Parques Reunidos.
- Article from:
- PR Newswire UK Disclose
- Article date:
- January 22, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For immediate release 22 January 2007
Candover acquires Parques Reunidos, a leading operator of regional attraction
parks
Candover*, a leading European buyout specialist, today announces that it has
signed an agreement to acquire Parques Reunidos from Advent. The value of the
transaction has not been disclosed. This is the second investment to be made by
Candover in Spain and the sixth investment from the [euro]3.5bn Candover 2005 Fund
which closed in November 2005.
Parques Reunidos is headquartered in Madrid and is the third largest European
operator of attraction parks. The Group currently operates 22 separate parks
including amusement parks, animal parks ...
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